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Gold to Resume Rally in Late 2012
Economists around the world believe gold prices will rally towards the end of 2012 and into 2013. Jeffrey Nichols of American Precious Metals Advisors, believes the next leg up will be in 2013 when gold hits $2,000 before continuing to $3,000. All the economists interviewed in this video believe ratings downgrades, further quantitative easing, lower interest rates and heightened demand from China will trigger the rally.