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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: TrueScouse who wrote (2240)11/24/2005 2:10:10 PM
From: Claude Cormier  Read Replies (3) | Respond to of 78407
 
- Although part of me would love to see gold at $7,000/oz, the implications in terms of "everything else" are quite horrific.

I agree. However, US$850 in 1980 translates into at least US$2000 in 2005... And in 1980, nothing was horrific..

So We could get anything between $2000-$3000 without major problem. Turk think that a real collapse of the US dollar will happen.. SO $7000 is not that far fetched.