Speaking to the University Club in New York, he said, first, that gold could go to $2,400 an ounce
based on the fundamentals–and that momentum could carry it to $4,000 an ounce
. Right now it's around $1,300. Second, he said you should get out of bonds while you can
: You're much better off investing in blue chip stocks with good dividend yields than bonds.
And third, he said you should buy a home. Now.
"If you don't own a home, buy one," he reportedly said. "If you own one home, buy another one, and if you own two homes buy a third and lend your relatives the money to buy a home
what are your thoughts on GOLD? i was hoping for a pull back...sold my HL after it hit 5.75 but it just keeps going up
You think Paulson is just talking up his book? I see the Feds have no choice but to continue printing out those trillions of dollars each year...
Thanks for the estimates, now I don't think my excel was spitting out a silly number, LoL!
My first target on gold was $1300.
I then said after $1300 it goes to $1700.
I'm sticking with those targets!!
$1700 on gold!!!
Jim Sinclair, Mr. Gold himself, has been calling for $1650 gold by Jan 2011 for years.
Looks like he just might get it.
what are good cheap gold stocks i can buy?
Post a Comment