Gold To $5,000 An Ounce In The Next Five Years

Today's Talking Points - Experts say Gold price may increase to $5,000 in the next 5 years as rising US Government debt weakens the US dollar - The importance of having a diversified investment portfolio - Gold acts as portfolio insurance by protecting against inflation, currency devaluation and international turmoil.

The Importance of Having Gold in a Balanced Portfolio

Last 4 or 5 months gold has gone up on a huge spike - China has lost faith in the U.S. Dollar. - Public opinion of Obama's plan is driving people to invest in gold. - Warren Buffet acquires two of the largest gold manufacturers. - 10,000 financial advisors across America encourage investors to invest in gold as a hedge.

Extreme short positions in silver | Ed Steer of Casey Research

Ed Steer is a market analyst for Casey Research LLC and is based in Edmonton, Alberta, Canada.