“Gold Is Regaining Its Glow”

What Barron’s was predicting was that gold had been unnecessarily sold off from almost  $1,900 per ounce to where $1,200 was becoming a concern. By predicting a 20% rise to $1,550 per ounce, fundamental and technical investors alike are likely to think that the gold trade may have just been given a very hard floor under the metal. Some investors will even hinge on the notion that it is becoming safer and safer to reconsider legging back into the gold sector on any weakness.