Four Reasons Why Gold Will Hit $1,900 in 2011
In his arcticle Peter Krauth summarizes his bullish case for gold:
- Ongoing global stimulus initiatives figure to ignite inflation, which is highly bullish for gold.
- The so-called concept of "peak gold" is real, and that even in the face of record gold prices, miners can't seem to crank out enough of the "yellow metal."
- Global demand is burgeoning as wages rise in such newly emergent markets as China and India - a trend that's not going to quit.
- Global investors remain dramatically under-invested in gold.
Here is a couple of recent articles from Seeking Alpha regarding exploding Chinese demand: