I will keep my comments on other goldies
on other threads. But I dont hold DCN.
At this stage I take articles suggesting
gold prices will explode with a grain of salt.
It will not happen in my opinion.
The global financial crisis was a one off.
Even if it were to happen again ....I doubt
gold will react in the same way.
The only way I see gold heading over $1400
is through inflation.
The $1400 may be broken in a year or two
But I doubt it will last.
Gold will need over 5 percent inflation to realy get moving.
I cant see that happening within a decade.
Gold hovering between $1200 and $1400 will see
Gold miners with good operations make decent profits.
Cheers
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