09.08.2011 - Goldman Sachs, JPMorgan raise gold forecasts; Silver ETF climbs
If we take Michael Kahn’s reading of the tea leaves that the S&P 500 could be targeting around the 1040 level before finding more support, where does that leave precious metals? After all, if we’re facing a scenario of another 7% drop-off in blue chip stocks, shouldn’t that translate into good tidings for gold and silver investors?.............................................Full Article: Source
Print