Rothschild Wealth Management exec sees Gold Bullion "eclipsing" $1,900

Dirk Wiedmann, head of investments at Rothschild Wealth Management, said the precious metal cannot be manipulated by central bankers, in contrast to paper currencies.

He therefore called the environment "extremely positive for gold," although he cautions investors in it should expect a volatile summer. ...

"The Federal Reserve is preparing for another round of monetary stimulus, the Bank of England expanded its bond-buying program again in July, and the ECB has suggested it may step in to reduce the borrowing costs of countries such as Spain and Italy, which could lead to a further surge in the size of its balance sheet. 

"Even previously conservative central banks such as Switzerland's are risking the stability of their monetary system."

All of this, Wiedmann says, "lay the foundation for a surge in inflation, providing a monetary solution to the debt crisis in the West. They are also leading investors to re-focus on protecting their wealth - gold is a natural and unrivaled destination.

"What's more, if concerns about bank failures get stronger, a break-up of the euro moves closer or investors lose confidence in government bonds, the gold price could move much higher, eclipsing the record of $1,900 per ounce set in September last year." 

More information can be found online at http://www.goldbullionadvisors.com