Gold at $1,500 in the next 3 months. says Dominic Schnider, Head of Commodity Research at UBS Wealth Management among the reasons he give are the weakness of the dollar the European debt problems and the possible bailout of Portugal
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Tuesday, March 29, 2011
Eric Sprott : Silver $100 per oz,
Eric Sprott of Sprott asset management talked about silver, silver stocks, silver bullion shortage...in his recent interviews he called silver "The investment of the next decade" what the bankers have been doing with the gold (some dealers oversold 100 TIMES on paper) maybe happening with silver too it looks very likely they may get unstuck but as always its the people who be left with useless "Certificates" n the bankers declaring some kind of bankruptcy meaning either they'll be bailed out or declared the bank bankrupt while they be rolling in Billions they stolen from other people who tried to safeguard what little they had
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Eric Sprott
Gold on a Bearish Signal ?
The fact that gold price made a new high and came off the same day and set lower was quite bearish says analyst Mihir Dange of Arbitrage , right now he is playing the market from neutral to short aspect , selling small taking some profit off the table , we have to definitely go beyond $1450 in order to renew bull interest , the information on the European debt crisis and the probable bankruptcy of Portugal did not play the catalyst they it should have for the price of Gold so far... Gold had a significant run up until here ...but the momentum is no dying , many experts sees gold reaching at least $1500 by the end of this year...
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