As QE2 is about to end Michael Yoshikami, Founder and CEO of YCMNET Advisors expects gold prices to climb significantly higher than current levels as economic uncertainty persists: " our basic theory about gold is that you should buy gold " he says " it will go significantly higher than where it is now even though it is trading at 1500 an ounce ish , I still believe it will going to get higher as we continue to have more economic uncertainty and most importantly as countries start to transfer some of its internal currency reserves from foreign currencies US currency Euros etc into more tangible assets that they believe they can trust and they have more control over "
Tracking Gold Silver and Precious Metals Markets worldwide
Tuesday, June 14, 2011
Subscribe to:
Posts (Atom)
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...
