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Is gold’s bull-run over?

Posted on 20 December 2012

Is gold’s extraordinary rally finally about to end as it limps towards the close of its twelfth year of gains? Even a fright over the US budget has failed to revive much interest in a commodity, often treated as a safe investment in troubled times, that has seen its average annual prices climb every year starting in 2001.
Most banks still cling to forecasts for gold to hit record highs in 2013, but the factors they cite - ultra-low interest rates, fears of inflation - have so far failed to propel prices out of the past year’s sideways trading channel………………………………………..Full Article: Source


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