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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

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To: elmatador who wrote (36618)	7/5/2008 11:20:35 AM
From: Haim R. Branisteanu	Read Replies (3) of 217677

Gold: the precious laggard that will hit $2,000 By Ian Williams, Charteris Treasury Portfolio Managers Last Updated: 11:38pm BST 04/07/2008 In 1999 when oil was $10 a barrel, I suggested that the price would ride fivefold to $50 a barrel in real terms over the next few years. This forecast was dismissed with incredulity at the time. Almost 10 years later with the price over $130 a barrel, my original forecast turned out to be rather timid - with mainstream commentators now forecasting $200 a barrel. Soaring oil costs have pushed the gold/oil ratio to the lowest levels in decades My forecast was based on an analysis of long term future supply-demand trends, combined with a study of ultra-long term commodity cycles. telegraph.co.uk

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