Gold This Cycle To Go To $3,000

According to a highly respected Canadian analyst David Rosenberg of Gluskin Sheff, a prominent wealth management firm, this cycle we can expect gold to go to $3,000 an ounce.

Yesterday’s news of JP Morgan Chase’s billion dollar blunder is shaking up further Wall Street’s position for showing continued lack of reform at the same time increasing its image as a casino investing operation.
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According To Gallup Poll Gold Is Still Americans’ Top Pick For Long-Term Investing

In a recent poll last month Gallup found that 28% of Americans still perceive gold as the “best long-term investment” down from 34% as of August 2011.  Along with real estate, stocks/mutual funds, savings accounts/CDs and then bonds rounding the top five considered as a most valued investment.
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