29.09.2008 - GFMS' Walker looking for $1,000 gold soon
From Mineweb.com: Paul Walker, CEO of metals analysis specialists GFMS reckons that gold will surge through $1,000 again and stay strong for 12 to 18 months but may then fade. Gold should surge above $1,000 an ounce as the financial crisis fuels safe-haven fund buying, but may then come under pressure as fickle investors slow purchases, the chief of metals consultants GFMS said. "In terms of core trading range for us, I have to say that gold going up towards the $1,000-level is not an impossibility at all," Paul said...... Full Article: Source
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