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A prediction of $3400 dollar gold within three years should not be discarded as impossible, although hopefully unlikely.A prediction of $3400 dollar gold within three years should not be discarded as impossible, although hopefully unlikely. A short article in today's Times newspaper in the UK recounts that Christopher Wood, chief strategist at big Hong Kong broker CLSA (whose largest shareholder is France's Credit Agricole, the world's 7th largest bank by asset value) feels t…

Original Post By Google News Lawrence Williams

The dollar is starting to resemble fool's gold for investors wanting a safe place in troubled times, and that's leading shelter-seekers to just buy the real thing.The price for gold - the ultimate security blanket since the Egyptians began mining for its thousands of years ago - has been surging in recent days as worries of a slowdown in the U.S. economy and the global short-term liquidity crunch continue to rattle stock markets….”The dollar appears to have lost its safe-haven a…

Original Post By Google News FutureSource.com