What Will Drive the Gold Price in the Days Ahead?
This is a snippet from a recent issue of the Gold Forecaster with Subscriber-only parts excluded. Non-Subscribers will not be given our price forecasts, sorry! Gold is higher than ever before and is still climbing. Many investors are waiting for a fall in the gold price, because they are looking at the past market shape, that has not factored in the major sea-change in the shape of demand. Even many institutional analysts have not realized just what has happened to the market and turn only to their charts to decipher the next moves. You our subscribers, we hope, have realized from our writing and forecasts that a great deal more is still to come in this gold market in the years to come. The impact of I.M.F. Sales of Gold on the gold price Essentially there has been a leap in the evolution of the gold market, due to the I.M.F. sales of gold. For a couple of years the pending sale of 403.3 tonnes was seen as an overhang on the market and one that pointed to the days when gold’s price wou
