Gold's Outlook for 2007

Gold suddenly seems all-too popular. But does Wall Street's love of the metal mean the bull market is finished...?

Both the Times and the Telegraph in London just ran bullish reports on the metal. The Financial Times notes that institutional money has a "growing love affair with gold..."

Deutsche Bank AG, the world's largest securities firm, expects gold to rise as the US dollar falls further, and individual traders and dealers are also backing gold to go higher this year. Bloomberg says that 22 out of 31 finance professionals surveyed last week all advise buying the metal.

Gold's right up there with Google, in fact!

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Adrian Ash, 19 Jan '07

Adrian Ash runs the research desk at BullionVault, the world's No.1 private investor gold service online. Formerly head of editorial at Fleet Street Publications – London's top publisher of financial advice for private investors – he was City correspondent for The Daily Reckoning from 2003 to 2008, and is now a regular contributor to 321gold, FinancialSense, GoldSeek, Prudent Bear, SafeHaven and Whiskey & Gunpowder among many other leading investment websites. Adrian's views on the Gold Market have been sought by leading news organizations including the Financial Times, the Economist, Bloomberg and Der Stern in Germany.

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