Wednesday, February 20, 2013

More Fundamental Reasons To Buy Gold and Silver Today

"I'm a fundamental guy. I care nothing about golden crosses or death crosses or anything of the kind," says Michael Pento, founder and president of Pento Portfolio Strategies.

Pento says a combination of growing money supply, a mushrooming balance sheet at the Fed, the Federal debt and US deficit, a devalued US dollar and global central bank demand for gold are good reasons to buy gold. 

Pento predicts these will drive gold to a record $2300 an ounce over the next 12 to 18 months.

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