GOLD 0.51% $1,391.7 gold futures

50 years of suppressing silver (and gold), page-54

  1. 12,639 Posts.




    >It is estimating GOLD to reach 1366 by November and just over 3000 by 2015; you can take that to the bank.



    Interesting! Gold only at $3000 in around 5 years time??

    Do you think that the financial world is going to somehow miraculously repair itself within that time frame??

    I think not.

    $3000 Gold might be the bottom of the cycle once this all pans out?

    Let's face it. No-one is really going to know how high gold will run because you can't really out a specific value on it. What that means essentially is that Gold could go to any heights depending on the global financial circumstances.

    Most respected analysts are speaking of $5,000-$10,000 and some of over $35,000/oz.

    I think that we will see US$3000 within 2 years as a warm up and I see the trend most likely gaining momentum so the time frame could be much less than that as well.

    Who knows but time will tell.
 
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