Yeah, I am sure some whiz kid had got the gold price over 10 years and fitted a exponential curve to the gold spot price and extrapolated it 5 years ahead. Conclusion, triple the gold price in 5 years.
I think the way China is going accumulating gold the gold price could rise, but to say it will triple in 5 years is too bold for my liking.
Also depends on how long this financial crisis thing lasts, economic uncertainty drives the demand for gold sky high because people use it to protect against losses on equities and inflation. I couldn't see the gold price hitting much more than $1500 in five years imo.
