| Newcrest Mining, the world's No.3 gold producer, expects gold to trade as high as $2,500 an ounce and retain its safe harbour status for as long as the world's financial system remains in crisis mode.
Newcrest chief executive Greg Robinson told a business lunch on Thursday gold will remain a hedge against a global financial breakdown, citing risks such as a devaluation of the U.S. dollar, the global currency, European economies in dire shape and persistent political tensions throughout the globe...............................................Full Article: Source
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