26.11.2009 - Gold could push oil above $100 in 2010 or early 2011
From Zawya.com: Oil prices are projected to average $85 per barrel next year and they may jump above $100 by late 2010 or early 2011, according to a revised global energy forecast by Bank of America-Merrill Lynch. Earlier the investment bank forecast $75 a barrel for oil in 2010, but revised its expectations higher on anticipation that continued weakness in the US dollar will push commodities higher next year and gold may jump to $1,500 an ounce...............................Full Article: Source
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