Perfect storm for gold and silver

As gold trades above US$1,000 (HK$7,800) an ounce once again, it has been attracting renewed investor interest.
Many are wondering whether it is too late to enter the fray, or if it's still a good time to gain exposure.
In our view the latter is the case, since the perfect storm of bullish factors for precious metals is just only starting to come together.
It should be reiterated that there appears to be no end in sight for the "quantitative easing" (money-printing) policies of the United States and Europe. (Quantitative easing obviously benefits gold, as it usually foreshadows much higher future inflation.) This is in good part due to the unsustainable budget deficits in most Western countries. (more)