GFMS is generally known to be a tad conservative on their predictions of the gold price. That is why today's report from the consultancy surprised me. They are calling for gold to surpass $1600 before this year is out.
The following story from Dow Jones Newswire service is very good.
You can read the entire story here:
http://blogs.wsj.com/source/2011/04/13/streets-are-paved-with-gold/
Must be the top then...
ReplyDeleteI just found something that will probably interest both Dan Norcini and Jim Sinclair and others of course.....pass it on.
ReplyDeleteBig Developments In Precious Metals Market