After a record breaking run during the course of 2010 and, indeed, the last 10 years, gold took a breather in January.
Part of the reason for the decline was a movement out of gold by investors in Europe and the US who had bought the metal as protection against further declines in the health of the global economic system. Sentiment improved and investors began once more to look at other asset classes that perhaps would offer better returns, prompting some commentators to question whether or not it is time to get out of gold.
James Turk, CEO and co-founder of GoldMoney is not one of those commentators.
Speaking at the Mining Indaba in Cape Town, Turk reiterated his view that gold will get to around $8,000 an ounce by perhaps 2015 adding, "I would say though, having seen QE2, that my predictions will turn out to be on the conservative side."
Part of the reason for the decline was a movement out of gold by investors in Europe and the US who had bought the metal as protection against further declines in the health of the global economic system. Sentiment improved and investors began once more to look at other asset classes that perhaps would offer better returns, prompting some commentators to question whether or not it is time to get out of gold.
James Turk, CEO and co-founder of GoldMoney is not one of those commentators.
Speaking at the Mining Indaba in Cape Town, Turk reiterated his view that gold will get to around $8,000 an ounce by perhaps 2015 adding, "I would say though, having seen QE2, that my predictions will turn out to be on the conservative side."
J.TURK en remet et prévoit le "silver" à 50$ cette année......
Aucun commentaire:
Enregistrer un commentaire