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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?


To: Jim Willie CB who wrote (2944)7/23/2002 10:21:02 AM
From: stockman_scott  Read Replies (1) | Respond to of 89467
 
<<...Johannesburg - The price of gold could double from its current level of about $320, depending on how the political crisis in the Middle East develops and the role the US plays in diffusing the tension, according to Joe DiNapoli, a well-known US trader and author...>>

He's more bullish than most of the forecasters...=)



To: Jim Willie CB who wrote (2944)7/23/2002 10:26:57 AM
From: stockman_scott  Read Replies (1) | Respond to of 89467
 
CIBC upgrades select gold stocks

CIBC upgrades ABX, MDG, GG, and GFI to STRONG BUY from Buy based on price; firm sees excellent upside for gold stocks based on their 2003 target gold price of $350/oz, and believes the group should continue to benefit from broader market uncertainty. Price targets are ABX $25, MDG $22.50, GG $14, and GFI $20.