18.12.2012 - Gold to hit historic highs in 2013 on Fed QE, but its 11-year rally is in jeopardy
Gold has divided the analyst community through this volatile 2012, with some, like Goldman Sachs, calling for the end of its decade-long rally, while others expect it to average $2,000 an ounce by the end of next year. There’s one thesis that has built consensus, though: gold is set to rally in the first half of the year as a result of the Fed’s latest round of quantitative easing, possibly to fresh all-time highs. Gold has always been a divisive asset class, sparking intense debates between gold-bugs and those that call them fear mongers...........................................Full Article: Source
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