Comment & Analysis
Banking giant predicts gold price collapse
ABN Amro, the Dutch state-owned banking giant, recently revised its global macro and gold outlook, forecasting a $1,300 gold price by the end of this year. Moreover, the bank forecasts $1,000 gold by December 2014, and $800 gold in 2015. Why? “The authorities especially in Europe have acted to reduce…
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Click here to read the full story: Business Insider