Ok, I took that line from the Austin Powers movie GOLDFINGER. But truth be told, everyone seems to love gold now. That could be a concern as not everyone can make big money on this all the time. However, Goldman Sachs is out with the following take on the metal:
Goldman Sachs is forecasting that Gold prices could reach $1200 by year end if ten-year TIPS remain at current levels and central banks continue to buy gold bullion. Two ETFs that provide a leveraged way to play the potential rise in gold prices are GDX and GDXJ which is being launched this morning
I said this during our interview with Price and Kevin Cook back in September, before gold hit 1,000. Kevin seemed rather surprised, too! Here is the link:
http://www.onn.tv/videos/street-smarts/bigtrendscoms-price-headly-and-bob-lang/
What did we know back then? hmmm. Perhaps they are watching us? Who knows.
Tag >> CHK
