| Morgan Stanley says it remains upbeat on gold. While strength in the U.S. dollar would be a headwind, Morgan Stanley says it anticipates aggressive Federal Reserve monetary-policy action, including the likely adoption of a third round of quantitative easing in the first half of 2012, to be positive for gold.
“We forecast prices to rise on a quarterly average basis through 4Q13,” Morgan Stanley says. Analysts say constrained new gold supply is placing greater emphasis on increased delivery of above-ground stocks to meet demand...............................................Full Article: Source
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