Has The Gold Rush Come To An End?
Ralph Preston, a market analyst and broker at Heritage West Financial in San Diego, Calif., envisions a few scenarios in which gold could shoot higher this year. If the war in Syria spreads, or if North Korea launches an attack on other countries in Asia, it could head back above $1,900.
"Owning a little bit of gold is probably not a bad idea," he says. "But I don't think we'll be using it to buy groceries someday."
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