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'Gold is the way to go' say experts, as forecasts point at $2,000 per ounce for gold

From thedailycoin.org

Gold could set a new all-time record of $2,000 per ounce in the next two years according to analysts at Citigroup. In their latest research note, economists at the American investment bank said the decline in US economic growth and that of the wider world could see the current strong demand for gold continue. Combined with inevitable Federal Reserve interest rate cuts and a likely weakening of the US Dollar, the experts believe there is plenty of upside for the yellow metal as a safe haven investment hedge to diversify portfolios with. The current record price for gold is $1,896.50; set back on September 5th, 2011. ... (full story)

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  • Category: Fundamental Analysis