13.10.2010 - How realistic is $5,000 gold?
From Resourceinvestor.com: Taking into account 11 key measurements based on historical movements and price ratios, gold is likely to exceed $5,000 and silver is likely to exceed $200 within the next five years. If silver reverts to its historical ratio of 16 to 1 with gold, then it could rise even higher. In recent weeks gold and silver have broken through their multi-month consolidation levels, and investors are wondering where the precious metals are headed. On a short term basis both gold and silver are overbought and due for a correction that may retest the breakout levels of $1,250 on gold and $20 on silver..............................................Full Article: Source
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