Inflation or Not, Gold Will Still Break $2,000: Analyst

by alexoscarew | February 4, 2013 at 10:50 am
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Read More: http://newsdoors.blogspot.com/2013/02/gold-reaches-155180-yenoz-new-record-in.html

The price of gold may have stalled in recent weeks with fears that loose monetary policy at the Federal Reserve could come to an end, but one analyst told CNBC that the precious metal is set for a good rally this year regardless of whether inflation occurs or not.

"Everyone is always bearish at the lows, that's the time to buy it, we're going to get a good rally this year I think," Harry Colvin director and senior economist at Longview Economics told CNBC Monday.
Read More: http://newsdoors.blogspot.com/2013/02/gold-reaches-155180-yenoz-new-record-in.html

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