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December 27th, 2010 . mvlasveld
A Windsor expert on the value of gold believes it’s value will continue to climb in 2011.
Bosko Kacarevic at Gold Coins Canada says gold climbs in value when people are worried about the economy and want to stabilize their wealth. It’s worth about $2,000 an ounce now. He believes there are two reasons why gold will continue to gain value. Kacarevic says the US government just introduced what they call a new “quantitative easing,” which basically means they’ve been printing money, and there’s not much sign of quick job recovery. He also says it may gain ground as governments around the world reintroduce it into the value of their currency. Kacarevic also believes silver may gain value in 2011. LINK...