1054 [Dow Jones] Gold highly likely to push back over $1,000/oz...

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.

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