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Metals Expert Fuljenz: Gold to Surge 30% a Year

http://www.moneynews.com/StreetTalk/Fuljenz-Gold-michael-precious/2011/06/20/id/400661

Gold will be a solid investment, climbing on average of 10 percent to 30 percent over the next couple of years regardless of whether the Federal Reserve halts injecting liquidity into the financial system, says Michael Fuljenz, president of Universal Coin & Bullion in Beaumont, Texas.

The Fed is due to end a second round of quantitative easing (QE2), a $600 billion bond buyback designed to flood banks with money and spur more robust economic activity.

That policy weakens the dollar, and a weaker dollar often sends investors flocking to gold.

So far the Fed has said there would be no third round (QE3).

Even if the Fed decides the economy can stand on its own, there is enough debt out there in the U.S. and elsewhere that gold will continue to serve as a safe haven for investors worldwide concerned with weak paper currencies.................