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A Shiny Forecast for Gold and Silver

-- expats
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12/21/11 18:30
Gold Mine

A Shiny Forecast for Gold and Silver

Thank author of this post/commentIn a very upbeat article about the prospects for precious metals, the Wall Street Journal reports that " Gold, silver appear set to shine in '12 ." It cites Morgan Stanley picking gold as its "top commodity play for 2012″ with an estimated average price of $2,200 an ounce, and quotes an analyst for Bank of America Merrill Lynch, which is also bullish on gold , as saying that "Investors [are expected to] raise their exposure to silver due to increased usage in new applications, higher. . .

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• deflation • outlook • liquidity • exposure • investors • reports • prospects • silver • gold • forecast • insider trading • junior miners • currency wars • record highs • emerging markets • average price • precious metals •
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