Tuesday, 5 April 2011
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Gold May Go Even Higher Due to Fed's QE2, Bianco Research Says: Tom Keene
Gold remains an attractive investment even at record prices, fueled in part by the Federal Reserve's $600 billion of Treasuries purchases through June, according to Bianco Research LLC inChicago. "I think the path of least resistance for gold is higher," said James Bianco, the firm's president, in a television interview on "Bloomberg Surveillance" with Tom Keene. Gold futures for June delivery
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