GOLD is the money of the KINGS, SILVER is the money of the GENTLEMEN, BARTER is the money of the PEASANTS, but DEBT is the money of the SLAVES!!!

Friday, January 17, 2014

Can Gold keep rising in 2014?

Can Gold keep rising in 2014? Michael Dudas from Sterne Agee thinks so. With CNBC's Jackie DeAngelis and the Futures Now Traders, Jim Iuorio at the CME and Anthony Grisanti at the Nymex.

Michael Dudas, a senior research analyst specializing in gold, shared his bullish views on the yellow metal with CNBC’s Futures Now. While many investment advisors remain very pessimistic on gold in 2014, Dudas aligns with Peter Schiff in believing the next year will see the physical gold price heading back up due to many fundamental factors.
“The liquidation out of ETFs and out of the hedge funds in 2013 – I can’t see that happening again given global fundamentals where we are today. Given the cost of production of gold, given the fact that there’s such strong demand for physical gold in Asian markets… I think there’s a lot more positive than negative support for gold in 2014.”

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