ZLATO – príprava na $1000/oz

Gold prices could hit 1,000 dollars an ounce in 2008 after this week's record-breaking run that was fuelled by fierce investment demand, precious metals consultancy GFMS said Thursday.

"Investor appetite for gold at the moment seems undimmed and this should push gold higher over the year," GFMS chairman Philip Klapwijk said as the independent research group published its annual Gold Survey.

Economic and geopolitical turmoil, meanwhile, attracts investors to gold because the metal is regarded as a safe-haven. It also guards against rising inflation caused largely by soaring crude oil prices.

Even without geopolitical support, gold could still strike more record peaks, according to the GFMS report. "We can easily see higher gold prices without fireworks in the Middle East or Pakistan, though any political drama there or elsewhere is highly likely to rally the price yet further," Klapwijk added.

GFMS forecasts that gold will trade at an average of 840 dollars in the first half of 2008, with further increases thereafter.

Klapwijk conceded that gold would probably retreat in the near term following its recent blistering gains -- but would aim higher in the second half.

Zdroj: www.freemarketnews.com

21.01.2008

"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