Global Liquidity Flood Could Send Gold To $2,000 This Year |
| July 12, 2012 | July 2012 Bond Updates |
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After peaking above $1,900 an ounce last September, gold has truly been a disappointing investment. Bullion is down about 20% in the time as investors have pared their hopes for a new policy bazooka from Bernanke, while the U.S. dollar has strengthened and physical demand for gold has waned. It might just be the opportune time to buy gold, though, as the yellow metal trades near its 52-week low and global policy easing may be closer than people think. |
| View more at: http://www.forbes.com/sites/afontevecchia/2012/07/12/global-liquidity-flood-could-send-gold-to-2000-this-year/ |
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