Watch the Fed for clues to rise in gold sector

- Central Banking staff
- 15 Feb 2002

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FEATURE - Gold has broken out and there is no shortage of theories as to why and where it's going from here. But, according to Chad Williams, investors should pay no attention to outlooks based on supply and demand, hedging, central bank sales or even flight to safety issues.

In particular, the TD Newcrest analyst says it isn't much help to sort through stock picks based solely on share prices in relation to the firms' net asset values, as many analysts have been scrambling to do in recent weeks

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