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

Gold hitting $9,000 and $50,000 – Are these legitimate forecasts for gold prices?

Posted on 26 March 2014

After a disappointing 2013, gold has started off the year doing quite well, despite finishing at a one-month low during the Monday trading session. Nevertheless, some Wall Street traders and contrarian investors see gold hitting new highs in the near future.
One forecast that has been making headlines was made by James Rickards, portfolio manager at West Shore Funds, in which he suggested the yellow metal could rise anywhere from $7,000 to $9,000 within the next three to five years……………………………….Full Article: Source


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VRS - who has written 36685 posts on Opalesque Commodities Briefing.


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