iSmart Dinar

Forecast World Gold Price 2011-2012 by Credit Suisse ... In my article last December 2011 and the title of Gold Price Conservative Estimation / Dinar 2011, I forecast a gold price will be in the estimated U.S. $ 1,500 / oz to U.S. $ 1,600 / oz at the end of 2011 later. Later I knew that more or less equal when there is global financial institutions - Credit Suisse - which makes predicting gold prices near the end of 2011 my forecast is conservative.In its report late last year, Credit Suisse to forecast price of gold at the end of 2011 the figure U.S. $ 1.580 / oz by the year 2011 average is in the range of U.S. $ 1.490 figure / oz or will see a rise of around 21% of the average in 2010 figures U.S. $ 1.225 / oz. Furthermore Credit Suisse also made a forecast for next year an average of 2012 which according to them will be in the range of figures U.S. $ 1.720 / oz or a rise of around 20% more than the average position in 2011. As a global financial institution that has always been a reference, they would have a strong basis for the estimation. Here are the policies of their forecast: ·The  world will decrease purchasing power of paper money (currency debasement) or inflation has been tossing the world gold price during 2010 will be continued in the year 2011. This condition will even be considered 'normal' and continues at least until next year.· The world's central banks become net buyers of gold since the middle of the global economic uncertainty, gold will be a reserve of assets that have the strongest credibility.· The only global institution but the IMF to sell gold, but the plan of sale of 403.3 tons they were all in realisir last until the end of 2010.· Supply of new gold from low yield is not much hope could rise. This condition will continue as long as most do not for many years to come.· Demand for gold continues to increase private investment both in the western hemisphere and in the east, especially India and China.

Gold Forecast by Credit Suisse

Hence the existence of five factors above, Credit Suisse thinks there will be a very strong impetus to the rising price of gold in 2011 and continued until at least next year 2012.

But keep in mind that the name is also forecast, although that makes the institution highly competent though it still could be wrong.One possibility is becoming ever greater when - there are events that are outside the parameters of the base forecasts. Wa Allahuknows best.