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Friday, January 15, 2010

McEwen Gold May Reach $5,000 By 2012

McEwen Says Gold May Reach $5,000 an Ounce By 2012

Jan. 12 (Bloomberg) -- Robert McEwen, chairman and chief executive officer of U.S. Gold Corp., talks with Bloomberg's Erik Schatzker and Deirdre Bolton about the outlook for gold prices. McEwen expects gold prices to increase to $5,000 an ounce between 2012 and 2014 as rising U.S. government debt depreciates the value of the dollar. (Source: Bloomberg)

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