Sunday, April 30, 2006

Gold is.... gold.

Wow. These are big predictions and come from smart investors who have made good calls before. I'd note that these guys are making the case that gold goes higher due to it's relation to other things - for Faber it's the US Fed printing dollars, for Leeb it's gold in relation to oil, for Jim Rogers it's part of the overall commodities bull market.

Bloomberg: Marc Faber Says Gold May Rise 10-Fold If Dow Triples.

The New York Sun: $2,500 an Ounce Gold Coming Soon, Adviser Says. [Stephen Leeb]

Bloomberg: Jim Rogers Says Gold Will Reach $1,000 as Commodity Prices Soar.


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