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Tuesday, June 14, 2011

Gold $1,600, Silver Near $50 by Year End?

Gold should trade to just over $1,600 an ounce by the end of 2011 and silver should be flirting with $50 an ounce as governments will need to maintain a loose monetary policy despite the phasing out of stimulus packages in the U.S., according to the director of a major research firm. - Interview: Gold Should Break $1,600, Silver Near $50 by Year End –GFMS’ Newman

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