ZLATO – predpoveď ceny na 2008

So what about 2008?

In 2008, my minimum target is $925 based upon a continuation of the trends already in place and mentioned above.

1. The credit crisis escalates and the central banks are forced to inject substantially more "liquidity" into the financial system than anticipated; or

2. If tensions escalate to red alert status in the Middle East, or if a decline in U.S. presence in Iraq rekindles religious tensions, the bombings and violence in general (with the consequent effect on relations with Iran); or

3. Suppy problems escalate in the physical gold market causing a gold crunch; or

4. If we get another major surprise like we did with the credit crisis in 2007 (Yes, something else could crawl from under the rock);

Note: There could be a sharp mid-year correction in the gold price, if we get a strong run-up from the $810 level in the early months of 2008. However, I believe, in the wake of such a run-up, support is likely to come in the current range or just below. Conversely, we could get an out-of-the-box price spike should we see three or more of the events mentioned above converge with their full ill-effect upon the economy and financial markets. These are indeed dangerous times, more dangerous than at any time since the gold bull market began.

Zdroj: goldseek.com

29.12.2007

"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