Westpac economist can't find gold lining

A SENIOR economist with Westpac Bank says this year will be the worst for world economic growth since 1994 thanks to the slowdown from China and a recession in Europe, yet despite the fear in the market gold will be hard pressed to push through $US2000 an ounce.

Westpac economist can't find gold lining Westpac economist can't find gold lining Westpac economist can't find gold lining Westpac economist can't find gold lining Westpac economist can't find gold lining

Speaking at a gold conference in Perth today Justin Smirk said overall global events had set the base for an asset price inflationary story, offset by disinflationary growth.

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