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Gold has bounced off of it's 150-ema and is trending higher. Itz believe QE2 is coming, this sluggish economy, jobless recovery will force the Fed to keep rates near zero. Itz also believes that the dollar has more to go on the downside, golds next price objective is $1,500.
Gold continues to rise as China opens markets >>LINK TO REPORT
Mike Norman interview Peter Cardillo: Gold Could Reach $1,500 by 1st-Half 2011 >>Video Link<<