20.12.2012 - See gold in $2300-2500/oz range in 2013: Fat Prophets
Although gold has gained only 4.56 percent in 2012, Fat Prophets has been its strong supporter for sometime. David Lennox of Fat Prophets says he is very bullish on gold. "We think gold will trade somewhere between USD 2,300-2,500 an ounce through 2013," he adds. Also, we think a switch from investors looking into the US and perhaps wanting to reinvest back into the euro would place a lot of pressure on the US dollar. We think that, that will be one of the very good drivers of gold prices in 2013...............................................Full Article: Source
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