Gold Rally Just Getting Warmed Up According To UBS, Credit Suisse
By GCRU Gold News on Wednesday, July 13 2016, 08:29 - Permalink
Negative Real Rates Fuel Prices
Joining UBS in forecasting further gains is Credit Suisse, which sees gold reaching $1,500 by as early as the start of next year. As Kitco reports, Credit Suisse analyst Michael Slifirski writes that “the surprise Brexit vote has solidified and intensified macro and political uncertainty and extended the time frame for a negative real rate environment in the U.S. and potentially abroad.”