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Wednesday, January 18, 2017

Why the Price of Gold Will Rise 15.2% This Year

http://wallstreetexaminer.com/2017/01/price-gold-will-rise-15-2-year-chart/

`As you can see, the last week of 2016 marked a tremendous shift in gold price sentiment. From Dec. 23 to Dec. 30, the percentage of bullish gold analysts and traders soared by about 50%. The following Bloomberg survey on Jan. 6 saw another 20% increase, putting the total percent of bullish surveyed participants at 70%. They said increased bullion buying in India and looming inflation from Trump's economic policies were reasons to be optimistic about gold prices in 2017.'

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