This forecast will come as no surprise to avid gold traders, as the likes of Reuters, GFMS and other market analysts have for some time expected record numbers of investors to buy gold as a safe haven, minimising exposure to market volatility throught the uncertainty of 2012.
With the current spot price at $1777 /oz, this projection while somewhat optimistic, lies well within the realm of possibility, and bodes extremely well for Eco Exploration during the company's period of expansion in Chile and Peru over the coming years.
As interest rates are largely unexpected to change in 2013 in the USA, and economic uncertainty remains within the property and stock markets; gold is expected to retain its appeal within the investment community.
Eco Exploration C.E.O Andrew Davis said "Since Eco Exploration will be seeking investment capital for our more recent ventures in Peru, this positive news couldn't of come at a better time for us. As a company we are now looking to move forward into new sustainable areas, and timing is of course crucial.".