19.05.2014 - Gold ‘Guru’ Gives Long-Term Forecast, Indian Gold Bullion 2.1% Lower
Jeff Nichols, Managing Director of American Precious Metals Advisors, had a rather sour outlook on gold price trends lately, as all gold prices on the MetalMiner IndX rose over the past day. “Longer term, Nichols reckons that over the next three to five years the demand from Asia and, also from Central Banks which have been buying gold rather than selling it over the past couple of years, will actually be sufficient to drive the gold price higher regardless,” according to a Mineweb article spotlighting his forecast...........................................Full Article: Source
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