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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: blazenzim who wrote (76655)3/21/2008 7:10:26 PM
From: Mike Johnston  Respond to of 116555
 
I think gold trades in the $700's sometime later this year. I also think gold goes to $2,000 or more over the next 5 years.

This is not a very bold call to make. $700 is certainly possible on a low side, although I do not think it drops below $800-850.

If current policies don't change, $2000 within 5 years is not a matter of if, but when. Would not surprise me this year or next.