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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG

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To: Amark$p who wrote (40631)2/1/2013 7:59:16 PM
From: gold$10k1 Recommendation  Read Replies (1) of 48092
 
Gold has been rising an average of 17% per year since its 2001 low of $256. The rate of ascent has been increasing. With the Fed spigot spewing QE3/QE4, I find 17% to be a realistic if not conservative expectation with silver gaining twice that much. Based on that, here are the projections for the beginning of each of the next 5 years...

Ag

Au Au/Ag
$40.60 2014
$1,959.75 48.27
$54.41 2015
$2,292.91 42.14
$72.90 2016
$2,682.70 36.80
$97.69 2017
$3,138.76 32.13
$130.91 2018
$3,672.35 28.05

Is this too obvious? <g>

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