gold may crack $us2000 price on demand in ch.., page-6

Here is the CNBC article on where CPM Group sees the gold price going in future years.

http://www.cnbc.com/id/46871385

My view is that gold will at least go higher in nominal terms, but the 2011 peak of around USD1925 may prove to be the top when measured in post inflation USDs.

If they are right then the commodities boom will die down and the AUD is likely to fall back, making the AUD POG higher than the USD POG, and hence our goldies' profitability will improve.

Given all the new energy sources being evaluated (shale gas, shale oil, csg, and more gas finds) I think energy costs may come down for miners and other users over the next few years, which will also be a plus.

loki