Kitco continues the coverage of the PDAC 2011 in Toronto finds Rob McEwen, Chairman & CEO of US Gold and founder of Goldcorp true to his famous price prediction of $2,000 for the yellow metal. Pulling out his now-famous $10-trillion dollar Zimbabwe currency note, McEwen claims that eventually we will see $5,000 gold prices. From the McEwen Capital Reception at the PDAC, Daniela Cambone reports.
Rob McEwen of US Gold and Minera Andes holding, Chairman & CEO of US Gold and founder of Goldcorp, predicts a gold price of $5,000 by the time it peaks. He acknowledges the role of gold as money. People invest in gold to protect their other investments.
Tracking Gold Silver and Precious Metals Markets worldwide
Saturday, March 12, 2011
Popular Posts
-
An ingot is simply a bar of gold; it may have some standard specification as to size or weight, a .9999 is refined gold (highly refined---t... -
Marc Faber : "I'm not sure that Gold will not make a new high this year, but I think we've bottomed out and some gold min... -
Own Gold Directly Where it is Cheaper, Easier and Safer – Bullionvault.com For the wea...
-
Gold Mining Shares have become very very inexpensive says Marc Faber : I am not sure that gold will make a new high this year but I think... -
Central Banks Purchased 70.3 Tonnes Of Gold In April 2012! : Data from the IMF showed that Argentina purchased 7 tons of gold last year as... -
Peter Schiff : I own a lot of gold i own a lot of gold stocks , over the last 6 months to a year they have not gone up in fact the gold st...
-
Thailand is taking part in the global gold rush. There is so much demand for it that the Thai Gold Traders Association says some shops hav...
-
Silver and Gold prices have taken a nose dive on Thursday and then again today Friday . $1,500 Key Support Level for Gold says Jon Nadler, ...
-
Bob Chapman : gold and silver are going to go up a 100 to a 150 percent within the next 6 months Bob Chapman : ...commercials m...
-
Question : Are We Going Back To The Gold Standard ? Jim Rogers : I think it's unlikely. I know there are lots of people who would...
