Gold Could Reach $2,000 in Six Months
Spot Gold Price Could Reach $2,000 in Six Months
Tony Hall, chief investment officer of Duet Commodities Fund Ltd., discusses the outlook for gold and copper. He speaks with Francine Lacqua on Bloomberg Television’s “On the Move.”
Gold Spot Price Forecast
Gold spot price forecast
Gold bars
As I’m writing this the New York spot price of gold is $1773 down so far for the day by $39 an ounce. So, in the light of this large decline, some may be thinking that the phenomenal rise in the gold price has finally come to an end. Well, I’m not one of them.
Personally, I think with the European crisis still unresolved and many in the know financial experts predicting that Greece is going to have to default, and our own government’s continuing to push for new stimulus, the spot price of gold at least to me seems certain to go over $2000 an ounce perhaps as soon as the end of the year. Read more 
Spot Gold Price & U.S. Dollar Collapse
Interesting outlook for gold and silver and the U.S. economy. This may seem like a far out possibility, but back in 2005 when I wrote a article about the coming real estate bust, I was called a ‘bubble head’, and now a number of San Diego condominium communities have seen 50% drops in value from their 2005 highs. San Diego single family homes are off on average about 30% for the same period!
Keep these facts in mind when viewing this video:
Spot Gold Price Forecast 2010
Arizona gold nugget
Why the gold price may go over $2,000 in 2010!
An Israeli-Iran WAR which most certainly will contain two givens:
#1. The Israelies will NOT allow Iran to gain a nuclear capability, so they will attack Iran (probably in March-April time frame).
#2. Obama will hide under his desk so the US will not support Israel which will seal Obama’s fate for 2012 and possibly SOONER! Those events will likely push gold to near $2,000 and silver to $40. Better BUY some now!
gold specimens
Gold Price Correction
gold specimen
The myth of contrarian investment fascinates me. Most people were dumping AIG and GM earlier this year. Were Contrarians wise to buy those stocks? NO. People are dumping dollars and buying gold. The reasons are obvious. Are contrarians right? NO. Will there be a 10% correction in gold price? OF COURSE, but when? A forty percent correction? Why? Will the Obama regime stop printing money? NO.
