Where Are Gold Prices Going?
Thu Nov 04 15:32:00 CDT 2010 CT
Related Keywords: Metals, Market Fundamentals

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Commodity expert David Hightower examines gold prices in the context of many market sectors, and highlight gold's transition from a sleepy physical commodity back into one of the world's most important financial vehicles. In the past, the gold market was a repository of risk, but in the current environment risk is coming from an ever widening circle of political, economic and monetary sources. Thus, it is no surprise that gold remains in vogue and is heavily featured in the headlines. Surprisingly, even with years of unprecedented global monetary easing underway, Mr. Hightower thinks that the prospect of inflation has only recently become a feature in the gold market. He envisions ongoing volatility and even higher levels of interest in gold in the months and quarters ahead.

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