4 reasons Gold will continue to rise.

Discussion in 'Gold' started by intelligencer, Dec 4, 2010.

  1. intelligencer

    intelligencer Active Member

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    http://moneymorning.com/2010/12/02/...-yellow-metal-will-hit-1900-an-ounce-in-2011/

    The gist:

    Indeed, there are four specific trends that promise to keep gold prices on an upward trajectory. I'm referring to the fact that:

    Ongoing global stimulus initiatives figure to ignite inflation, which is highly bullish for gold.

    The so-called concept of "peak gold" is real, and that even in the face of record gold prices, miners can't seem to crank out enough of the "yellow metal."

    Global demand is burgeoning as wages rise in such newly emergent markets as China and India - a trend that's not going to quit.

    Global investors remain dramatically under-invested in gold.
     

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