Thursday, December 29, 2011

Coin Dealers See Gold at $1,976 by End of 2012

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DG365FD46564GFH654FU898 While most gold price prediction in recent years have come from those who rarely come in contact with the metal itself – such as investors and market strategists – one group with a unique and important view on the yellow metal recently weighed in with its own forecasts. The Professional Numismatists Guild (PNG) – which describes itself as “a half-century old, non-profit organization composed of the country’s top rare coin and bullion coin dealers that conducted an opinion poll of its members” and was founded in 1955 – published the results of a poll in which 30 of its members were asked for their gold price estimates as of the end of the first quarter of 2012 and as of year-end.



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