BOA: Gold to $1500
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This info is c/o of Zero Hedge
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This info is c/o of Zero Hedge
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Yesterday I interviewed Jim Rogers, who obviously needs no introduction. I emailed him and we were able to do the interview the same day. The thing which differentiates Rogers from others is that he not only answers the exact questions asked of him but he answers thoroughly. His humble nature, in addition to the knowledge … Continue reading “My interview with Jim Rogers”
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This is a typical argument that many mainstream gold bears make. It goes like this…. “As soon as the Fed raises rates, it will pop the Gold bubble and the US$ will bottom” This is totally ridiculous. First, it is real interest rates that matter. Rates need to be 2-3% above the level of inflation. … Continue reading “The Interest Rate Argument against Gold”
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First, let me debunk the bubble callers and those who say Gold is a crowded trade. I’ve heard at least three different people say this. Google that and you’ll be amazed at the number of results. Here are some excellent charts.
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Paulson set to launch Gold fund in January to take advantage of the bull market, according to the WSJ
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Dylan Grice, an analyst with Societe Generale calculates a price target for Gold based on the monetary base and US reserve gold holdings
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Jim Rogers is interviewed by theStreet.com.
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Click Here for a chronological order of the most recent Gold related videos. Click Here for a chronological order of the most recent US$ videos.
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Video & Audio embedded in the post.
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Marc Faber, a few days ago said Gold would drop to $800 or hold above $1000. Now he believes $1,000 is a historic floor.