$2400 gold?

Discussion in 'Gold' started by Smoothcriminal, Aug 22, 2011.

  1. Smoothcriminal

    Smoothcriminal New Member Silver Stacker

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    http://af.reuters.com/article/metalsNews/idAFL4E7JK02L20110820?sp=true

    "KOVALAM, India Aug 20 (Reuters) - Record gold prices may be heading for a correction of about 8 percent next month, but the safe-haven metal may also rally to $2,400 an ounce next year as investors seek refuge amid global economic turmoil, a global head at INTL FCStone on Saturday."
     
    Smoothcriminal, Aug 22, 2011
    #1
  2. goldpelican

    goldpelican Administrator Staff Member

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    More like the USD will fall to 1/2400th oz of gold...
     
    goldpelican, Aug 22, 2011
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  3. fishball

    fishball New Member Silver Stacker

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    Bah Phase III!
     
    fishball, Aug 22, 2011
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