This prediction isn't looking too likely. I suppose the matter will be decided Friday - when the GDP numbers are published. Still, predicting $2000 gold for this YEAR doesn't seem at all far fetched.
Who'd have believed that a year or two ago? Wasn't it just the start of 2010 that gold finally smashed through the $1,000 barrier and never looked back?
$2,000 gold, $50 silver this week?
By: Peter Cooper, Arabian Money
Tuesday, 23 August 2011
A few weeks ago the suggestion that gold is in imminent sight of $2,000 an ounce and that silver would pass its April-high of $50 would have seemed pie-in-the-sky.
But not this week, it is a simple extrapolation of a very sharply rising trend line and would require nothing more than a repeat of the price advance of the previous week. Incredible but true!
Full story: http://news.goldseek.com/PeterCooper/1314106022.php
Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months
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