Welcome To The Trelawney Mining and Exploration Inc HUB On AGORACOM

Focussing on gold exploration in Canada and Mexico

Free
Message: $1000/oz

$1000/oz

posted on Oct 30, 2007 11:23PM

Here is an article where Credite Suisse predicts gold to be at $1050 by 2012.

http://www.telegraph.co.uk/money/mai...

I think that prediction is conservative and $1000 will come much sooner. With the American economy/dollar going titsup, people will be looking for a hedge. Also gold production is forcast to decline. Supply and demand will take care of the rest.

Share
New Message
Please login to post a reply