Gold Could Continue to Rise in 2013

NOTE TO EDITORS: The Following Is a Research Alert Issued by Century Capital Research

(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 12/21/12 -- A December 5, 2012 article by CNBC titled Pros Slam Goldman Sachs' Bearish Call On Gold, outlines how many professional analysts are coming out against Goldman Sachs' cut on their gold outlook.

Founder and President of GRZ Energy, Anthony Grisanti, stated, "I think with QE still going on next year and no call for it to end, gold will go higher." Rich Ilczyszyn, Founder and Chief Market Strategist at iiTrader, agreed it's just too early to call the top in gold. "By judging the flows into gold, Ilczyszyn said it doesn't appear gold has topped out. From India to South Korea and China, many central banks around the world continue to buy many tons of gold," Ilczyszyn said.

Yesterday, The Graystone Company (OTCQB: GYST) announced they have completed the deposit on a Suriname project announced earlier in the week. The Company expects the final definitive agreement for the JV to be completed in January 2013.

This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Information, opinions and analysis contained herein are based on sources deemed to be reliable and are subject to change without notice. A third party has hired and paid Century Capital Research one thousand two hundred and ninety five dollars for the publication and circulation of this news release. Accordingly, certain information included herein may be forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. However, no representation, expressed or implied, is made as to the accuracy, completeness or correctness. In light of the above, we accept no liability for any losses arising from an investor's reliance on or use of this report. We do not and have not had any ownership interest in said third party of any kind.



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Datum: 21.12.2012 - 12:30 Uhr
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