Thompson Reuters GFMS buy on the dip.... gold to hit $2000.00 per os
Thompson Reuters GFMS have said that gold at $200.00 per oz is possible / possibly in Late 2012 or early 2013.
Thompson Reuters GFMS head of metals analyticals Philip Klapwijk featuredon "Insider" and advised investores to " buy gold on this dip"
Gold should be bought on this correction especially if we go lower still as we may need to shake-out of less-comitted investors.
Klapwijk sugested that a brief dip below $1600 is on the cards but the global macro environment still favours investment, notably zero to negative real interest rates and he would not rule out further easing by either the ECB or the Fed before year end.