PDA

View Full Version : Gold is due a correction - but then it will hit $1,400



Asheron
21st September 2009, 11:24
Gold closed last week above $1,000 an ounce, its highest ever weekly close. Yet who was reporting this fact in the Sunday papers?

I was reading The Telegraph, whose financial coverage is generally ahead of the curve compared to the other broadsheets. I was delighted to see that, far from being on the front pages, gold's milestone got barely a passing mention.

The fact is, the mainstream still don't get gold. The longer this continues (and long may it) the longer this bull market has to run.




http://www.moneyweek.com/investments/precious-metals-and-gems/gold-price-is-due-a-correction-but-then-it-will-hit-usd1400.aspx