Gold looks good for years to comeThere is a little weakness in gold today but most analysts feels that gold looks good for years to come. See attached article.
Quote:
...."gold prices to stay around US$1,000 an ounce for the next couple of years. Using Comex options price data, he forecasted an average gold price of US$965 an ounce this year, US$1,016 an ounce next year, and US$1,057 an ounce in 2011. He was previously calling for just US$825 an ounce in 2010 and 2011.
https://network.nationalpost.com/np/blogs/tradingdesk/archive/2009/03/24/gold-looks-good-for-years-to-come.aspx