January 28, 2012

Gold: A Low-Risk, High-Return Asset

Goldman Sachs just released a report calling gold a low-risk, high-return asset and predicts it will rise to $1940 this year. Morgan Stanley predicts a price of $2,175 a year from now. UBS forecasts $2050 within 12 months. These types of estimates from big banks have proven conservative in years past. - in Europac Precious Metals

Related ETFs, SPDR Gold Trust ETF (GLD), IShares Silver ETF (SLV), Morgan Stanley (MS), Goldman Sachs (GS)

Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.
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