Dec. 20 (Bloomberg) -- Investors and analysts talk about their outlook for gold for 2011 and beyond. This report compiles comment from Bank of America-Merrill Lynch's Head of Commodity Research Francisco Blanch, Greenlight Capital Inc.'s President David Einhorn, ECU Group Plc's Head of Investment Philip Manduca, Aberdeen Asset Management Plc's Head of Strategy Mike Turner, Standard Bank Plc's Head of Commodity Research Walter de Wet and Standard Chartered Plc's Metals Analyst Dan Smith. (Source: Bloomberg)
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For thousands of years Precious Metals (PM) such as Gold (Au) and Silver (Ag) have been utilized as real money for exchange, wealth store, and metric of value. While I am NOT an advocate of one single commodity backing our money (like a gold standard), I do believe that the price trend of PMs are the most important indicators of the value of fiat money, plus the crimes of corrupt banking corporations and governments that manipulate PM prices. The "Canary in the coal mine" is Gold - AuCanary.
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