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Gold will continue to rally in the long run on demand in the Middle East, India, China, and Russia, while short-term gains are 'difficult' because of a drop in fabrication demand, according to a Citigroup analyst. John Hill said the factors that have boosted gold for the past five years are intact, and perhaps intensifying. He added that gold may double from its current price beyond 2010, as investors seek a hedge against inflation.

Zdroj: Bloomberg

22.04.2008

"In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value."   Alan Greenspan