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As we wait for confidence in the economic recovery and commodities demand to pick up, can the silver price count on the gold market? Others are confident that gold has much farther to go and rest their assertions on the possibility that the quantitative easing methods employed by central banks across the world …
As we wait for confidence in the economic recovery and commodities demand to pick up, can the silver price count on the gold market?
Others are confident that gold has much farther to go and rest their assertions on the possibility that the quantitative easing methods employed by central banks across the world will lead to exorbitant inflation sending the gold price through the roof. In which case, precious metal silver is expected to go along for the ride.
However, there are those who argue against this scenario and don’t see gold prices making any larger gains. Kitco’s senior metals market analyst Jon Nadler explored this debate over gold’s price direction and fundamentals in two recent articles. (November 4 and November 9)
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