Is Bensimon Sticking To $2,600 Gold By 2014?

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Last time Polar Pacific’s David Bensimon was on Kitco News, he told Daniela Cambone to expect $2,600 gold by 2014. Is he sticking to this price target? According to Bensimon, the gold market is hovering in the $1,300 level and this is an “inflection” point. “Right now the market is dead center so if the market elects the bullish scenario and gets to $1,640, that would encourage the probability of getting to $2,600 in 2014.” Tune in now to hear where Bensimon expects gold prices to be by December and if he is sticking to his call for 2014. Kitco News, September 16, 2013.

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