Where will gold prices be at year's end? There are several factors that will affect the price. We feel that the market will be close to $2000 an ounce by year's end. Some much smarter individuals have predicted close to the same.
Yesterday, on March 13, 2012, the Bloomberg Precious Metals Conference took place
in New York. Bloomberg asked 14 participants to estimate the End-of-2012 gold
price. The average estimate came to $1,897, which would represent a 21% gain
in 2012. Such appreciation would extend the gold bull cycle to 12 consecutive
years.
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