DJ MARKET TALK: Spot Gold Prices To Skyrocket Medium TermJune 15, 2007 Gold prices are going to skyrocket over the next 5-7 years, says Pierre Lassonde, Chairman of the World Gold Council and Vice Chairman of Newmont Mining Corp. “Gold (prices) will be four digits, I just don't know what the first one will be,” he says. The current cycle mirrors the 1970s, with a spike in oil, and industrial metals prices such as copper and nickel…Long-term, dollar depreciation, spurred by the US twi…
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