Expert Views

The gold experts are betting on higher gold prices:

Robert McEwen, CEO US Gold Corporation, is on record saying...

"Gold prices may reach $2,000 an ounce by 2010 on demand for an alternative to currencies. You have much more money than there is gold, and as people see their currencies falling relative to gold; they're going to be saying ‘Maybe I should have some of this.'"

Citibank analysts John Hill and Gramham Wark also see the price of gold exploding.  They are on record saying…

"Frankly, we're surprised, that gold is not already at $2,000 an ounce. Gold will benefit from both the "gloom & doom" and "muddle-through & monetization" scenarios, possibly regaining $1,000 per ounce at year-end [already over $1,000] and even doubling or tripling in the long term"

Additional confirmation comes from Adam Hamilton of Zeal Intelligence.  He reports...

"If our current gold rally truly unfolds into a Great Gold Rally, $1,000 gold is merely the first stage. A gold bubble, which will probably ultimately happen as a way to climax the coming gold mania, maybe five to seven years out, could easily launch gold above $5,000 per ounce. The actual top of a new gold bubble at the final pinnacle of another Great Gold Rally could touch $6,000+ per ounce!"