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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?

To: Amark$p who wrote (40631)

2/1/2013 7:59:16 PM

From: gold$10k

1 Recommendation Read Replies (1) | Respond to 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>