16.12.2011 - Analyst sees strong oil prices, $2,000 gold ahead
As commodity prices continued to slide Thursday, one analyst says a U-turn could be around the corner — including gold above $2,000 per ounce. “At some point crude oil is going to become a very good trade as we go into next year,” said Francisco Blanch, head of global commodities and multi-asset strategy at Bank of America Merrill Lynch Global Research. “But remember the economy is decelerating.”..............................................Full Article: Source
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