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Why this could be gold's best year yet
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Wednesday, March 10, 2010
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From an interview with John Embry of Sprott Assett Management on Mineweb:

TGR: John, in Investors Digest of Canada you recently said you're expecting gold to gain another 30% this year.

John Embry: I would say at least 30%. I said that I thought it would be the best year to date. We've had nine years consecutive higher year-end prices and the best year in that span for a year's return was 31%. I think this will be the year that we exceed it in this, the 10th year of the bull market.

TGR: What's driving this? Why is this year going to be the best year?

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Topics: Gold | Commodities
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