Friday, December 4, 2009

Why Gold Will Hit $3,000 in 2 Years: Strategist

By: JeeYeon Park
CNBC News Associate

Gold prices continue to hit new highs this week and investors are wondering how much more room it has to run. David Tice, bear market strategist at Federated Investors, offered his outlook for the commodity. “Gold could certainly have a pullback—it’s getting very overbought,” Tice told CNBC. But that would be only temporary, in his view.

http://www.cnbc.com/id/34240489

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