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Posted By Topic: QE 3       - Views: 2392
ghost33
26-Jul 2011 Tuesday 12:24 PM (4660 days ago)               #1
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Somehow, I think QE 3 may come soon, when that happens, Gold price will rocket $1700 target price.



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ghost33
02-Aug 2011 Tuesday 3:00 PM (4653 days ago)            #2
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Just as expected. US is in deep trouble. A brittle global economic recovery and precarious debt situations in the United States and Europe have boosted the safe-haven appeal of gold, lifting
bullion to a series of record highs in July, as investors and central banks chased prices higher.

I understand from a news that South Korea's central bank bought 25 tonnes of gold over the past two months. Gold will continue to climb on concerns if QE 3 may kick in early. Meaning US start printing
more dollar.

GLD 10 US$

Pick : Buy

Estimate price by 2012 $1800







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