Conditions ripe for flight to gold: RFC

“IS GOLD headed for US$1000 per ounce long term?” is the rhetorical question posed by investment bank RFC in a bullish report on the prospects for the precious metal.

Conditions ripe for flight to gold: RFC Conditions ripe for flight to gold: RFC Conditions ripe for flight to gold: RFC Conditions ripe for flight to gold: RFC Conditions ripe for flight to gold: RFC

RFC believes the market could be entering a period "not dissimilar to the 1970s when paper assets fell out of favour in place of hard real assets as typified by gold".

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