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JAN 21, 2013 - Business Insider

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3 Pros And 3 Cons For Gold In 2013

SocGen has a note out asking whether 2013 will be the first year since 2000 that gold ends the year down. In it, they present the bullish and bearish argument in the simplest manner possible: There are three negative factors for gold: 1) Equities stand at their lowest level since 20 years, relative to gold, making the latter less attractive; 2) the USD could appreciate and interest rates may rise amid signs of a stronger economic recovery; 3) inflation is still under control. There are also three positive factors for gold: 1) currency wars and renewed monetary easing could push gold higher; ... Read More

Tags: 3 Pros And 3 Cons For Gold In 2013,  Interest Rates Latest News