In Canada, the Bank of Nova Scotia is the big bank that specialized in selling precious metals: it might as well be the semi-official gold seller. As you might expect, Scotiabank is bullish on gold.
However, the economics department isn't that bullish. According to this report, Scotiabank economist Patricia Mohr expects gold to hit US$1300/oz "during a time she referred to as a new gold rush." The timeframe isn't specified, so it might be sometime next year.
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