GOLD 0.51% $1,391.7 gold futures

gold's promise draws dreamers, schemers and sc, page-9

  1. 12,639 Posts.
    As you know ML has just upgraded their 12-15 month Gold price forecast to US$1500. Well just to see how accurate they can be I decided to do a search and it appears that they are spot on so far with their preditions of Gold.


    High gold prices, supported by supply and demand fundamentals, has prompted
    Merrill Lynch analysts Monday to substantially increase gold price forecasts to an
    annual average of $1,000/oz by 2009.
    Author: Dorothy Kosich
    Posted: Tuesday , 12 Feb 2008


    http://www.fullermoney.com/content/2008-02-12/Mineweb-MerrillRaisesGoldSilverForecasts12Feb08.pdf
 
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