1. Greater economic confidence
2. Lower interest rates - low bond yields
3. Few other places to place your money - aside from Asian/Latin American property yields
From this chart, you can see scope for a short run rally to $1650/oz, but we will eventually see a rally in around 1-2 years to $2400/oz. Watch for that break-out!
Source: Kitco
NZ Property Guide Philippine Real Estate Guide Japan Foreclosed Guide
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