GREY:NWSKF - Post by User
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handyrandy321on Apr 20, 2015 11:36am
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Expect Lower Gold Prices During The Next Two Years – Morgan
Expect Lower Gold Prices During The Next Two Years – Morgan Goldman Sachs also predicts lower gold as well for 2015/2016/2017
https://www.kitco.com/news/2015-04-20/KitcoNewsMarketNuggets-April-20.html Monday April 20, 2015 11:00 AM
Greece’s uncertain future in the eurozone, global quantitative easing, loose monetary policies and continued demand out of Asia will all provide much needed support for the gold market, but these factors might not be enough to create another bull market, say commodity analysts at Morgan Stanley. They expect prices to fall over the next two years as investors leave the marketplace. “Our Global Cross Asset team highlight in their report that negative rates will continue to drive flow into USD credit, supporting both the house view of ongoing USD strength and our unchanged generally subdued gold price outlook,” they say.