Excerpt below from Fattail this morning:
"Some, like hedge fund manager David Neuhauser, gave more generous estimates…putting gold at US$2,500.But the boldest prediction came from Wall Street firm Goehring & Rozencwajg (G&R). In their words:
'It’s only a matter of time before gold surpasses double digits on its way to $12,000-15,000 an ounce.’‘It’s only a matter of time before gold surpasses double digits on its way to $12,000-15,000 an ounce.’
Will it come true?
No one knows for sure."
Gold price, page-43
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