The Fed is out of control and gold price is going above $2,000 by year-end – Adrian Day

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Gold and silver prices are going to go higher and end the year above $2,000 an ounce and investors shouldn’t worry or quibble over some short-term profit taking and consolidation, according to one fund manager.

In an interview with Kitco News, on the sidelines of the Mines and Money Online Connect global mining conference, Adrian Day, CEO of Adrian Day Asset Management, said that he remains bullish on gold as the dollar enters a new long-term down trend because of extremely loose Federal Reserve monetary policy.
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