Gold going to US$1000/ozPierre Lassonde made the opening address at the 15th Diggers and Dealers conference and gave a bullish presentation. His view is this super cycle will last a generation (i.e. 20 years). He predicts that gold price will reach 4 figures, i.e. at least US$1000/oz in the coming years, as the US$ continues to weaken (especially against the Chinese RMB), robust jewellery and investment demand continues backed by reducing gold supply and lack of exploration succ…
Original Post By Google News Merrill Lynch
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