CIBC economists believe many of the forces that made gold so attractive appear to be turning...

|By:, SA News Editor

CIBC economists believe many of the forces that made gold so attractive appear to be turning over, while expectations for other supportive factors are overdone. They say investors have piled into gold as a hedge by incorrectly buying into the myth that central banks have been printing so much money that inflation is inevitable, "a myth because, in reality, money growth has not been particularly brisk."