On Business World tonight they interviewed a private arbitrageur called Steven Novak (I think). He was talking about being a bear in the present US market and could not understand how prices were rising in an overvalued market. When asked about sectors that he thought were not overpriced he mentioned financial services and golds. He particularly stated that he thought the gold sector had room to move upward. I did not hear him mention a target price for gold. Just passing on public domain info.
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