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Blog Archive ? Gold Price Consolidates Below $1,600 -- expats
| Blog Archive ? Gold Price Consolidates Below $1,600 Dec 28 (IBT) - Nichols discussed his latest outlook on the yellow metal at the China Gold & Precious Metals Summit in Shanghai earlier this month. Despite gold's recent weakness, he asserted that "Gold will move up sharply in the years ahead, reaching heights that might lead some to label me a 'gold bug.' I believe that the price of gold will, over the course of this decade, reach a multiple of recently prevailing prices." "Prices of $3000, $4000, and even $5000 an ounce are very likely. .The above is a snippet from a post in the USAGOLD News and Views RSS Feed. The link below is for the full post: |
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