Gold may remain bullish, but don’t rule out silver in 2012
Gold may remain bullish in 2012, but don’t rule out Silver and keep an eye on stocks for good value investments, says David Skarica, editor of The Gold Stock Adviser.
According to David Skarica, the United States will likely roll out more extraordinarily loose monetary policies such as quantitative easing, not solely due to necessity, but also to keep the dollar competitive with a weaker euro.
Such easing measures will fuel inflationary pressures, and when inflation even threatens to rear its head, Gold rises and shines.
“I think because of the eurozone crisis, the euro is getting a little too weak for what the Fed would like to see, especially if the euro got down to the 1.20 area,” Skarica added.