Brian Hicks, co-manager of the U.S. Global Investors Global Resources fund, says a new trend in gold buying will help gold hit $1,000. And when it reaches the elusive 1K mark, can that level be sustained and/or eclipsed? Yes it can, according to Hicks, given the strength of other commodities like crude.
How Gold Could Reach $1,000 an Ounce
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