09.04.2013 - Gold set to smash through $1,800/oz by year's end
Gold prices have remained in the doldrums in recent months, putting in their worst quarterly performance in more than 10 years during January-March and conceding 5.3% since the start of the year. The metal plumbed as low as $1,540 per ounce late last week -- its cheapest since May 2011 -- before recovering ground to $1,570 recently. However, I am convinced that current prices provide a sound base from which investors can build excellent returns. I believe that a backdrop of escalating macroeconomic and political uncertainty, particularly in Europe and the US, combined with rising inflation should push the store-of-value asset higher in coming months...............................................Full Article: Source
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