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 23, 2011

Gold will continue to climb

How long can gold keep making new highs? Insight with Paul Sacks, Aurum Options Strategies principal gold trader.Paul is not worried about the parabolic run of the Gold although he says there may be some sell offs from now on " as you've stated, gold is up about 17%. up over 50% year over year. the easiest thing to say is that a sell off is coming. i just don't see it. i think we're going a lot higher into the fourth quarter and into next year. I think gold will spend next year over $2,000 an ounce" he said

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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