Parsons is predicting that the gold price will move in a range between $1550 and $2025 with a year-end price of $1900. This is very much in the conservative mid range of most other forecasters and analysts.
Parsons believes the US dollar will be a bullish factor for gold as it is fundamentally overvalued (specifically against the Yuan and associated currencies of the Far East), and should decline which will be quite bullish for gold...............................................Full Article: Source
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