Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Snowshoe who wrote (71715)	12/15/2009 12:23:19 AM
From: Snowshoe	Read Replies (1) of 74559

A very pessimistic piece on gold... TD tosses cold water on gold party Posted: December 14, 2009, 2:15 PM by Peter Koven Gold has had a rough ride over the last week, falling from more than US$1,200 an ounce to about US$1,120. But TD economists Derek Burleton and Dina Cover think this is just the start: they see growing troubles for gold in 2010 and they expect the metal to eventually fall back toward its long-term, inflation-adjusted average price of just US$500 to US$600 an ounce. more: network.nationalpost.com

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