Coin World launches PM Watch column
RedHerring
Posts: 2,077 ✭
I'm sure many of you already know about this. The first column appeared in the January 11, 2010 issue.
The following image is courtesy of Coin World Magazine. One MORE reason to subscribe if you don't take CW already.
The following image is courtesy of Coin World Magazine. One MORE reason to subscribe if you don't take CW already.
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Comments
$3000? Over the next couple of years I see that as much more likely and closer to the final target than $1500. The author said it was "possible" so he is remaining on the conservative side claiming $2000, abuot where Sinclair is currently parked. It does no good to the gold community to rant in public about $5,000-$10,000 gold as that labels one as a quack from the fiat bugs....much the same way Sinclair and other others were viewed back in 2002 when they said $1000-$1200 gold was coming. All I know is that the coming gold peak will undoubtedly amaze even the most hardened fiat bug. Of course they don't see that as a "fiat-spike" or "fiat-bubble." They erroneously place all the blame on gold itself, much as they did to the "evil" oil companies when oil shot to record highs in the 1970's and then in 2008.
roadrunner