The Phaserl


Gold Bugs: Gold Price Will Soar

by Michael Kling, Money News:

Rising demand for physical gold will soon translate into rising prices, some experts predict.

“Physical gold is disappearing off the market at a terrible rate. As soon as that really starts to hit I think gold goes through the roof,” Jim Walker, CEO of Asianomics, tells CNBC. “That’s one of our biggest longs for the year.”

Barry Dawes, head of resources at Paradigm Securities, agrees that gold is heading to another bull market.

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