Gold May Go Even Higher on QE2, Bianco Research Says: Tom Keene
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Gold remains an attractive investment even at record prices, fueled in part by the Federal Reserve’s $600 billion of Treasuries purchases through June, according to Bianco Research LLC in Chicago.
“I think the path of least resistance for gold is higher,” said James Bianco, the firm’s president, in a television interview on “Bloomberg Surveillance” with Tom Keene.