Gold To Hit Historic Highs In 2013 On Fed QE, But Its 11-Year Rally Is In Jeopardy |
| December 18, 2012 | December 2012 Bond Updates |
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Gold has divided the analyst community through this volatile 2012, with some, like Goldman Sachs, calling for the end of its decade-long rally, while others expect it to average $2,000 an ounce by the end of next year. There’s one thesis that has built consensus, though: gold is set to rally in the first half of the year as a result of the Fed’s latest round of quantitative easing, possibly to fresh all-time highs. |
| View more at: http://www.forbes.com/sites/afontevecchia/2012/12/17/historic-2013-for-gold-qe-fueled-new-highs-and-the-end-of-an-11-year-rally-analysts-say/ |
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