$500 gold..gfms 2005 survey

Fairly respectable outfit making this prediction.

“with the twin US deficits marching forward unchecked, dollar weakness and, eventually, a sharp slowdown in the US economy are distinct possibilities. Ally that with an event driven rally in the oil price, then gold heading for the $500 mark no longer looks fanciful”.

http://www.gfms.co.uk/Press%20Releases/GS05_overview.pdf