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Gold/Mining/Energy : Gold Price Monitor
GDXJ 128.56+6.1%Feb 6 4:00 PM EST
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To: SliderOnTheBlack who wrote (67054)4/4/2001 5:14:05 PM
From: Crimson Ghost  Read Replies (3) of 116972
 
Slider:

I can certainly see XAU 100+ over the next 12 months.

But I am not sure that the expressed desire of Kudlow, Wayne Angell, and Steve Forbes for $350 gold represents majority opinion among the financial elite. Powerful bullion banks such as Chase and Goldman Sachs are massively short. I doubt Greenie would want to goose the gold price until they have significantly reduced their exposure.
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