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McGhee Says Gold May Rise as High as $1,200 by Year End: Video
Posted
March 23, 2012
Views
37
March 23, 2012
37
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4:43Now PlayingOct. 6 (Bloomberg) -- Frank McGhee, head dealer at Integrated Brokerage Services LLC in Chicago, talks with Bloomberg's Lori Rothman and Michael Whitney about the outlook for gold prices.
Gold rose to a record on speculation that currencies will depreciate, spurring inflation and boosting the appeal of the precious metal for investors seeking to preserve their wealth. (Source: Bloomberg)
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