Max Keiser and Stacy Herbert predict the Gold to shoot to 200 dollars an ounce
Wednesday, May 12, 2010
Gold May Rise Above $1,300 in 2010 Dan Smith Says
May 12 (Bloomberg) -- Dan Smith, an analyst at Standard Chartered Plc, talks with Bloomberg's Erik Schatzker about the outlook for gold prices. Gold has advanced on doubts that an almost $1 trillion European Union loan package will be able to prevent Greeces sovereign debt crisis being repeated in other European states. (Source: Bloomberg)
Tuesday, May 11, 2010
Gold Trades Near Record on Debt Threat to Currencies
May 12 (Bloomberg) -- Bloomberg's Paul Gordon and Susan Li report on increased demand for gold. Gold traded near a record in Asia after surging to an all-time high yesterday on investor concern international financial support for indebted European states will depress currencies. Bullion for immediate delivery traded down 0.1 percent at $1,231.50 an ounce at 8:07 a.m. in Sydney after yesterday reaching a record $1,234.50. (Source: Bloomberg)
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