FYI: This could be the year that gold prices hit a record.
A massive move in gold, driven in part by declines in the U.S. dollar and Treasury bonds, excessive optimism in the stock market, and rising inflation, may help send prices above $1,900 an ounce this year, surpassing the all-time high from 2011. “Gold has been in a stealth bull-market phase for the past few years with little notice from most investors,” says Peter Spina, chief executive of precious-metals information provider GoldSeek.com. “Gold at $2,000 is a long shot, but not an improbable target by any means.”
Regards,
Ted
http://www.cetusnews.com/business/Is-Gold-on-the-Verge-of-Breaking-Out-.SJzusYpUxrf.html
