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Why 2015 will be the year for gold

CNBC - Jan 15, 2015
Suddenly, gold is getting its groove back.

After two straight years of losses, gold is off to its best start to year since 2008. And, according to one well known analyst, 2015 could have gold bugs smiling.

In an interview with CNBC.com's Futures Now, Sterne Agee's precious metals and mining analyst Michael Dudas said that gold should continue to benefit from central banks' efforts to devalue their currencies. Gold prices rose more than 2 percent Thursday to a four-month high after the Swiss National Bank shocked the world and said it would abandon its euro currency peg. The precious metal is now up more than 6 percent year to date.
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