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Commodities Briefing - Categorized | Bullion/Gold, Price Watch more

Gold price: “Never see $1000 again”

Posted on 06 October 2010

From Bullionvault.com: Psychologically, that $1300 level was important – it appears to have pumped more steam into the gold rally and transformed even the most dedicated gold bears into bulls. But the uptrend shows no signs of reversal anytime soon, says Jeffrey Nichols, senior economic adviser to Rosland Capital and the managing director of American Precious Metals Advisors.
A widely recognized expert in precious metals, Nichols has worked with everyone from mints to Gold Mining companies to develop financing and investor relations. He tells whether gold’s nearing bubble territory, why food prices affect gold, and why $1500 gold by year end is just the beginning……………………………………….Full Article: Source

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VRS - who has written 36568 posts on Opalesque Commodities Briefing.


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