Is Gold Set For A Rally Or Is It The Next Bubble To Burst?

Dover

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Sat Oct-22-11 09:51 AM
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Is Gold Set For A Rally Or Is It The Next Bubble To Burst?

Recent sell-off sets up next gold rally

When the price of gold plunged 20 percent last month, many market watchers declared the gold boom over. Stalled, yes; ended, no, according to many gold analysts, who believe the precious metal may instead be near a new sustained rally.

“I can tell investors don’t sell off your gold,” says Martin Murenbeeld, the chief economist at DundeeWealth. “We’re at a crossroads here.”...cont'd

http://blogs.reuters.com/reuters-money/2011/10/21/recent-sell-off-sets-up-next-gold-rally/

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