Suki Cooper – Barclays Sees $2,200 the Ounce for Gold in 2012

Wednesday, January 11, 2012

Suki Cooper – Barclays Sees $2,200 the Ounce for Gold in 2012

Barclays’ Suki Cooper says the fundamental factors that have led to the rise in gold have “not gone away.” She says the key watch factor is physical demand, which is showing “signs of life” – especially in India and China. As we suspected and noted in our linked graphs, Ms. Cooper said that import data out of Hong Kong into China for the end of last year was “actually much stronger than expected.” http://www.gotgoldreport.com/2012/01/suki-cooper-barclays-sees-2200-the-ounce-for-gold-in-2012-.html

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