October 23, 2012 at 08:59 AM EDT
3 Gold Price Predictions For 2013
The Federal Reserve’s stated mission is to provide “the nation with a safe, flexible, and stable monetary and financial system.” This has historically meant doing its best to keep inflation levels stable and low. It has achieved this goal for more than two decades now, but has decided to shift its focus a bit toward increasing the pace of economic growth. Other central banks across the globe have a similar stance, and this is worrying a number of market experts that it could eventually lead to high inflation. Gold is known as a solid inflation hedge, and could earn this reputation in 2013 if inflation picks up. Below are three well-known gold bugs and their bold predictions for investing in gold next year and beyond [for more gold news and analysis subscribe to our free newsletter ]. See the full story here → Related Posts: What Will a President Romney Mean for Gold? Get Ready For the Gold Bull Run Investing In Gold: The Definitive Guide The Top 100 Gold Investing Blogs Is The Sky The Limit For Gold?
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