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's picture

Adrian Ash runs the research desk at BullionVault, the physical gold and silver market for private investors online. Formerly head of editorial at London's top publisher of private-investment advice, he was City correspondent for The Daily Reckoning from 2003 to 2008, and is now a regular contributor to many leading analysis sites including Forbes and a regular guest on BBC national and international radio and television news. Adrian's views on the gold market have been sought by the Financial Times and Economist magazine in London; CNBC, Bloomberg and TheStreet.com in New York; Germany's Der Stern and FT Deutschland; Italy's Il Sole 24 Ore, and many other respected finance publications.