Soros is Wrong - The Gold is going to $2000/oz

Michael Lewis of Deutsche Bank : Gold price seem to go up when the dollar is falling it goes up when the dollar is rising , people buy it on inflation protection and they buy on deflation protection it is almost in any economical environement it seems to go up , the environment for us is negative the real interest rates are weak , all of this is very favorable to Gold and think we are still going to go up I think the bubble number is beyond $2000/oz so we do have another 20 to 30 percent to go




Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Bob Chapman - Financial Survival 01 Aug 2011

Bob Chapman - The United States Government could not allow the Gold and Silver to go up , the government tried 5 times today to knock gold and silver down , how the people ever allow these things to happen we have a fascist corporatist dictatorial government and there are no political parties they are gangs of crooks paid by other gangs of crooks

Tom Cloud : Gold goes up 13 percent up each time the Dollar goes down 1 percent

Tom Cloud : If you look at going back from end of July 2001 to July 2011 Gold is going up 13 percent for every one percent the dollar is gone down , when the dollar goes back to 72 where it was in 2008 , Gold will be $2030 , if it drops to 70 Gold will be $2060 if the dollar drops to 68 it will be $3079 an ounce if it drops to 65 which a lot of economists are predicting by the end of next year Gold will be $4126 an ounce , I do not see why this relationship won't continues ....




Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)