 Posted: Wed, Mar 1 2006, 11:42 pm EST Post subject: A case for $1,000 gold |
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| Golden opportunity
Commentary: The case for $1,000 an ounce NORWALK, Conn. (MarketWatch) -- All eyes are on gold, not Olympic gold, real gold -- with the yellow metal hitting 25-year highs, technical "buy" signals have been going off all over the place. The questions investors have to ask themselves now are: "Is it too late to buy? And what do I buy?" It's clear that fundamental forces are lining up to push gold to $600 an ounce very quickly, $640 and well beyond. That makes any short-term pull-back, if there is one, a buying opportunity. There are many forces driving gold higher, here are a few. (more...) |
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