private-bankers-bullish-on-gold

Private bankers bullish on gold

A spot poll of private bankers in Singapore reveals a unanimous view that gold will finish the year higher.

At a discussion with a key group of Asia's most powerful private banks in Singapore yesterday Monday, we ended the discussion by getting a show of hands on various predictions for 2004. The nine who participated were American Express Private Bank Bank Sarasin-Rabo BNP Paribas Private Bank Citigroup Private Bank Credit Suisse Private Banking Dresdner Private Bank MeesPierson UBS and Global Strategies not a private bank, but an advisory firm for private clients.

Here are the seven questions we asked and the results

Will gold be higher at year end than today
Yes 9
No 0

Will the Fed raise rates in 2004
...

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