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Gold/Mining/Energy : IPMG - International Precious Minerals Group
IPMG 0.00010000.0%Mar 7 3:00 PM EST

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From: rrm_bcnu11/10/2005 7:56:59 AM
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$1000/oz. Gold Another Expert Joins the Cry

Jim Cramer, host of Mad Money and long-time gold pessimist, recently joined the long list of analysts who predict gold at $1000 an ounce or higher.

He wrote a recent article called, "The Gold Parachute". In it he said, "Any portfolio designed to counter government-mandated inflation has to be bedrocked in gold .
. . I figure Gold Could Reach $1000."

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That from Lear Financial's latest newsletter.

The gold market is indeed small, and just a fraction of America buys gold until a crisis of quality begins to appear. Riots in France, The Netherlands, and Belgium are symptomatic of a further erosion of respect for Law in elements of the Muslim community. The flight has been to the dollar, but soon the world will see that the only real non-eroding value out there is gold and silver.

GLTY

rrm
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