Monday, January 2, 2012

EMAS 2012



Ini pula berita yang percaya harga emas cukup memberangsangkan pada tahun 2012 yang sumbernya daripada moneymorning.com

How high is gold likely to go?

My own research tells me we should expect gold to easily reach $2,200 in 2012.

A few market mavens have been providing their forecasts too.

Sean Boyd, chief executive officer (CEO) of $7 billion Agnico-Eagle Mines Ltd (NYSE: AEM), recently told King World News, "People are looking for hard assets and gold, being one of the primary hard assets, is a major beneficiary. So we don't see any reason to believe this upward trend in gold won't continue. I think it will continue and we will see $2,000 shortly."

Rajan Venkatesh, managing director for Indian bullion at ScotiaMocatta, said he expects gold prices to touch $2,000 an ounce by March.

And this past June, Standard Chartered PLC (PINK: SCBFF) made what some think is an "outrageous" prediction.

The bank's research team considered the production levels of 345 gold mines and concluded production will rise just 3.6% annually for the next five years, while demand expands much faster.

Their price prediction: $5,000 gold is likely in the near future.

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