Friday, January 16, 2009

Gold is heading $2,200

In my August 2 and September 6, 2007, Money and Markets columns, with gold trading at $664 and $694, respectively, I told you to increase your core gold holdings.

Since then, gold has risen to $855, a gain of as much as 28.7%. Assuming you had invested equal amounts on the aforementioned dates, your gold positions have gained an impressive 25.9%.
By Larry Elderson

http://www.commodityonline.com/news/Major-indices-crash-in-9-years-Gold-gained-911-14228-3-1.html

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