Just a Little Correction - $3,000+ Gold Price On TapImagine what Newmont's share price will be when gold is at $3,000+, Rosenberg is just another of a long list of economists / analyst who see gold prices much higher than they are today. In fact, at least 29% higher!
Yet it's interesting how all, or at least most gold stocks are trading up right now even as gold is down around $10 bucks yet Newmont got pounded down first thing this morning and has been struggling to get into the positive. Guess they're hoping for some negative Q1 results in a couple days.
Gold prices have another 29% upside as China's central bank continues its buying spree, famed economist says (msn.com) HB77