Surprise scenarios include $2,000 gold by year-end. Several factors support this "surprise" including:
* Gold goes up when real Fed fund rates are negative -- and they are
* Excess leverage leads to money printing or default
* China and Japan haven't started buying gold yet
* Gold does not display characteristics of a bubble
Read more: http://www.businessinsider.com/credit-suisse-andrew-garthwaite-gold-surprises-2011-2#ixzz1DkcySM8z
Saturday, February 12, 2011
Gold To $2000?
The dollar is in serious trouble, so I don't think we have a bubble in gold at the moment. It could reach that point, but we're probably not going to get there for a while...
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