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New Record High for Gold by Early 2013, Says Nichols

from Gold Alert

“We believe gold will move significantly higher by year-end or early 2013, possibly recording a new all-time high in the next three to four months – thereby rewarding those intrepid investors holding on to or augmenting their gold positions despite the short-term vagaries of the gold market.”

The above commentary came from the most recent piece by Jeffrey Nichols, Managing Director of American Precious Metals Advisors. Nichols, who has been bullish on gold for the majority of the past decade, provided his latest thoughts on the yellow metal in light of its weakness thus far in October.

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