Zlato $1300-$1500, striebro $25-$29/oz

Ďalšia z predikcií pre PMs na rok 2010, kde sa do úvahy berie postupné oslabovanie greenbacku. Je dosť možné, že v prvom polroku môže práve USD prekvapiť pozitívnym výkonom.

drug

For all practical purposes, the gold supply is finite. Consequently, a growing increase in demand will propel its price into orbit without a ceiling. MOREOVER, Central Banks and Public Banks have recently become aware of this fact, which is their motivation to be buying gold and recommending same to its depositors.

Needless to say the gold price rise will be occasionally marked by nervous volatility. Nonetheless, all temporary corrections will be profitable opportunities to buy gold on the cheap.

My 2010 Forecast sees gold reaching a high range of $1300-$1500/oz. And more volatile silver could reach $25-$29/oz -- but HUI will be Top-Gun soaring to a range 743-956.

The above projections are predicated upon a slowly falling US dollar. Were the greenback to soar for whatever reason, then my forecast is null and void. HOWEVER, economic and political conditions in the USA are conducive to a slowly falling dollar.

08.01.2010

"Let me issue and control a nation's money supply, and I care not who makes its laws.”  Mayer Amschel Rothschild

"History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling money and its issuance."  James Madison