12.12.2013 - Gold at its cyclical bottom, could hit new all-time highs only after 2016
CPM Group - the global commodities research and advisory firm thinks that gold is currently at its cyclical bottom. The prices could see sharp rise between 2016 and 2023. Fresh all-time highs may be seen only after 2016. Until then, the gold prices could remain range bound between $1,240 and $1,500 per troy ounce. According to Jeffrey Christian, Managing Partner, CPM Group, there were quite a few instances of massive financial, economic and political imbalances that caused all of the economic problems over the last 12 years. None of those issues have been dealt with effectively...............................................Full Article: Source
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