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Precious Metals Insider - October 2013Charles Oliver, senior portfolio manager with Sprott Asset Management, sees gold and silver prices moving to new record highs. “We've seen some positive signs in the market this summer. It looks as if gold has been in the bottoming phase for some time…I firmly believe gold will be beyond $2,000. The only question is when. There have been some predictions within the Sprott organization that gold could go beyond $2,000 within the next 12 months. There are real reasons behind why that could happen.”Download
Precious Metals Insider - September 2013Citibank technical analyst Tom Fitzpatrick sees new record prices for gold and silver as the markets resume their bull run: “We believe we are back into that track where gold is the hard currency of choice, and we expect for this trend to accelerate going forward. We still believe that in the next couple of years we will be looking at a gold price of around $3,500. As the gold/silver ratio plummets near 30, this would also suggest a silver price above $100.”Download
Precious Metals Insider - August 2013Writing for MarketWatch, economist Andy Xie explained why he expects gold prices to rise to $3,000 per ounce, or 230%, in the next five years. While the rising U.S. dollar keeps downward pressure on the price of gold, rising global uncertainties support its role as a safe haven.Download
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