10.09.2014 - Gold At $1,500 By Christmas?
Gold's fundamentals remain intact, and gold will regain its reputation as a unique store of value. Countries are debasing their currencies, which leads to investors moving into hard assets, as confirmed by U.S. stock indexes reaching record levels. Gold and silver and precious metals equities will recover in the not-too-distant future. Gold and silver prices are being repressed by central banks, but Sprott Asset Management's Charles Oliver argues that demand pressure will cause this dam to burst sooner rather than later. As a result, he expects big increases in the prices of gold and especially silver, with a corresponding recovery of small- and mid-cap precious metal equities...............................................Full Article: Source
Print