Charles Nenner: "We are at the bottom of the cycle for Gold with $1,150 target." Nobody knows the future for sure, but this interview is very interesting - it was published on October 7, 2014, particularly when you consider the last week blood bath in gold miners which looks like total capitulation. Can Swiss Gold Referendum bring us necessary catalyst?
The timing of this article is very interesting: we have the upcoming Swiss Gold Referendum, China buys record amount of Gold and there are more voices about US Dollar losing its reserve currency status every day. Nobody knows the future, but it is important to note: "... that most of Chinese economist think that the price of gold should be $ 2,400 / once." Read more."