GOLD is the money of the KINGS, SILVER is the money of the GENTLEMEN, BARTER is the money of the PEASANTS, but DEBT is the money of the SLAVES!!!

Tuesday, August 16, 2011

Gold to $5000/oz - Louise Yamada

Making a technical case for gold to reach $5000, with Louise Yamada, Louise Yamada Technical Research Advisors. " It have taken almost two years and we are almost at $2000 which is very intriguing and the price of gold continues in a structural bull market and actually it is outperforming almost all the equity indexes we had a very steady progression from the break out of 2009 , 20 percent advance little consolidation , 20 percent advance little consolidation three times and now again "" if we continue on this current trajectory we could see gold at $5200 by 2018 "

Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

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