Gold to Reach $2,000 in The Next 2-3 Years; Long-term Bull Market

Joseph Foster, a portfolio manager at Van Eck Associates in New York, talks about the potential impact of the Federal Reserve's quantitative easing on the gold market. Foster, speaking with Betty Liu on Bloomberg Television's "In the Loop," also discusses the outlook for gold stocks and investment strategy. $2000. U.S. dollars per ounce over the next two to three years? That wouldn't even be