Ignore Banks’ Bearish Statements on Gold
Goldman Sachs has lowered its gold price projections and says the metal is headed to $1,200. Credit Suisse and UBS are bearish. Citigroup says the gold bull market is over.
So I guess it’s time to pack it in, right?
Not so fast. As we’ve written before, these types of analysts have been consistently wrong about gold throughout this bull cycle. Another reason to disagree, however, is history; we’ve seen this movie before.
Read More: http://economicrisis.com/ignore-banks-bearish-statements-on-gold/3234