Enter your email address:

Wednesday, January 20, 2010

McEwen Gold will hit $5000/oz in Two Years

Gold will be $5000 in 2 to 4 years - CEO of US GOLD

Jan. 12 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.

Gold and Silver Shares updates for today

Wednesday Midday Sector Laggards: Silver, Gold Stocks


In midday trading Wednesday, Silver shares were relative laggards, down on the day by about 5%. Helping drag down the group were shares of Mines Management (MGN), down about 9.8% and shares of Silver Standard Resources (SSRI) down about 9.1% on the day.
GOLD and SILVER MARKET

Popular Posts