A case for $1,000 gold
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PostPosted: Wed, Mar 1 2006, 11:42 pm EST    Post subject: A case for $1,000 gold Reply with quote

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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