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Gold/Mining/Energy : Gold Price Monitor
GDXJ 97.67+5.0%Nov 10 4:00 PM EST

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To: long-gone who wrote (77563)9/27/2001 11:13:48 PM
From: CuriousGeorge  Read Replies (1) of 116753
 
Andy Smith sees POG hitting $340

NEW YORK (CBS.MW) - Andy Smith, a veteran London-based metals analyst, sees the price of gold hitting $340 an ounce in the next several months.

If Smith at Mitsui Global Precious Metals is correct, it would mark the first time since June 1997 that gold has been as high as the mid-$300 range.

"I'm not a loose cannon," said Smith from London, where he has covered metals and been mostly negative on gold for 14 years. "Gold is clearly on death's door with the lack of interest, but these are not normal times."

marketwatch.com{72F7EB78-4A85-4152-8695-38927719ECA7}&siteid=yhoo
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