Post by
nagyonokos4 on Jan 31, 2005 12:12pm
$1,000 gold may be conservative.
$800-1000 pog? Embry
by: vfr800craig (52/M/North East) 01/31/05 11:43 am
Msg: 499612 of 499613
VANCOUVER--(Mineweb.com) Sprott Asset Management Chief Investment Strategist John Embry is adamant that gold will hit at least $800 per ounce as "paper money is going to hell in a handcart."
In a presentation to the Mining Exploration Roundup in Vancouver, Embry said he believes even a $1,000/oz gold price may be conservative. Meanwhile, he reasserted his steadfast contention that the gold price continues to be manipulated.