Analyst Consensus: Wildly Bullish on Gold for ’12

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Analysts agree – they’re wildly bullish on gold!  From Hard Assets Investor: The analyst community remains overwhelmingly bullish when it comes to gold in 2012. Respected precious metals consultant GFMS came out Tuesday with its call for $2000/oz gold within the next year. “Concern over nearly all currencies’ long-term value remains acute, and this includes […]

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By Sy Harding Editor, Street Smart Report November 12, 2010 Most of the bricks in the previous wall of worry have been removed. Economic reports have continued to improve over recent weeks; in manufacturing, the service sector, retail sales, durable goods orders, and even in the employment picture, where 151,000 new jobs were created in October, […]

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Mr. T lays out a beautiful case for the barbaric relic on Bloomberg TV… At first blush, this would appear to be a classic contrarian market indicator.  But actually Mr. T is not pitching to sell you gold, but rather buy your gold in exchange for – wait for it – cash.  You know, the […]

Read More reports that bullish sentiment towards gold prices has hit its lowest levels in 19 months: Bullish sentiment toward the gold price continues to drop, evidenced by the current 60% Market Vane Bullish Consensus reading on gold. This is the lowest level since December 9, 2008 – a few weeks after the gold price plunged […]

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