1054 [Dow Jones] Gold highly likely to push back over $1,000/oz in next 6 months, says BNP Paribas analyst David Thurtell in 2Q gold outlook. Says credit market crisis has further to play out, U.S. unemployment gains, mortgage foreclosures to mount. European, Japanese economies expected to slow over balance of 2008. With weak USD and world equities having fresh bouts of weakness, gold price should rise, printing fresh records in the Northern Hemisphere summer, before falling back in 4Q. Adds bullion should end year at about $850. Spot gold at $891.40, up $5.40 vs NY close. (EFB)
Excellent for SBS. Proven resourses will add value into sp. trend. and great times ahead.
Cheer's
- Forums
- ASX - By Stock
- SBS
- over 1mill oz koka deposit and open in depth
over 1mill oz koka deposit and open in depth, page-29
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SBS (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CC9
CHARIOT CORPORATION LTD
Shanthar Pathmanathan, MD
Shanthar Pathmanathan
MD
Previous Video
Next Video
SPONSORED BY The Market Online