Very interesting times (at last
May 24th, 2016
As gold prices bounce along the bottom of a four-year low, savvy investors are setting themselves up for the beginning of a new commodities bull market.
Simply put? All indicators right now are pointing to a surge in the spot price of gold in 2016, with experts predicting a new bull run that could double, even triple prices – and in a very short amount of time.
“Gold will see another parabolic bull run in 2016,” says Chintan Karnani, chief market analyst at Insignia Consultants.
“We're overdue for this correction,” says Ron Meisel, one of North America's leading technical analysts.
Or as Standard Chartered argues, 2016 is poised for a “rapid rise in gold prices.”
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