Rich DeFalco, president of West Cooper Asset Management, cited the same factors as many other bullish participants.
FORBES: Economic Uncertainty To Lift Gold Prices Next Week -- Survey Participants
2.
Rich DeFalco, president, West Cooper Asset Management, concurred, adding that gold prices should continue to move higher because of the turmoil in Europe is so entrenched.
FORBES: METALS OUTLOOK: Gold Expected To Continue To Rise Next Week
3.
DeFalco is also supportive of gold, saying that the problems with Europe will be an overhang for equities, even with earnings season coming up for public companies.
FORBES: (Kitco News) - The concerns over Europe could continue to give gold prices support next week as worries about the sovereign-debt crisis remain at the forefront.