Oct 222012

Here is an interesting perspective on the future of gold that I personally have not seen before.  This (very qualified) guy is saying gold is going to a minimum of $3,500!  He suggests it could go much higher.

It wasn’t that long ago that we were doubting similar projections that gold would reach $1,000 per ounce, and here we are now at $1,700.  The thing is that it seems to take a long time for these things to happen; and then they happen really fast when the time comes.

Doubling the value (in dollars) for what we already have, and for what we can recover from our labor, would be a good thing for our industry, though my reason tells me it would reflect deteriorating circumstances in the larger economy.

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