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Friday, April 15, 2011

The Run Up in Gold continues

Alex Latzer, head of metals & mining research at Daiwa Securities, believes gold will peak sometime in the middle of 2011 as we normalize interest rates higher , the factors for the gold prices surge are the rising Inflation in the emerging markets ,the anxiety factor in the market , the large debt out there , In the last year spot gold was up 27.52% and spot silver was up 130.45%


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