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Hard Assets Investor: No Jump to $5000 Gold Soon

NEW YORK, 8 November 2012 - BullionVault's new vice-president of business development in the Americas, Miguel Perez-Santalla, is interviewed today by Hard Assets Investor, the website for natural resources news and views.

A 30-year veteran of precious-metals marketing and sales for some of the United States' largest providers, "One of the beauties of BullionVault is that people from all over the world can buy because we're internet-based," Miguel tells Hard Assets Investor.

"So they're able to hold metal outside in a safe location where they don't fear confiscation [by their government]."

Discussing the broader precious-metals market in depth, Miguel says that "Even though some people are very bullish, seeing gold going to $5,000, I don't see that in the short term. But I could see a pop of $2,000 by the end of the year.

"[And] even if it doesn't, for the average investor, it's a smart thing to hold gold, because gold will always be gold. The value of the Dollar goes up and down, but your 1 ounce of gold is still an ounce of gold."

You can watch Miguel's full 9-minute interview here...


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Source: 
Hard Assets Investor