“Demand is always difficult to forecast, especially for jewellery, but we do know that central banks have very deep pockets and bought more gold last year (425 tons) than at any other time since 1964", David Rosenberg, Chief Market Strategist at Gluskin Sheff + Associates
When benchmarked against the CPI, money supply and GDP, there is no doubt that gold can easily double from here, according to David Rosenberg, chief economist and strategist at Gluskin Sheff + Associates.
Related: SPDR Gold Trust (ETF) (Public, NYSE:GLD), Market Vectors Gold Miners ETF (Public, NYSE:GDX)
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