Economist Comments On Gold Prices
Comments from Adrienne Kearney, a UMaine associate professor of economics, were included in a Central Maine Morning Sentinel story about the rising cost of silver and the already high price of gold. Kearney told the newspaper the futures market expects the cost of gold to continue rising slightly between now and 2012. Gold is attractive to investors now, she added, because long-term real interest rates are historically low.
Contact: Jessica Bloch, 207-581-3777