Gold to Rally Above $1,900 by End 2012: HSBC Sunday, August 5, 2012 At 11:09PM
Gold could be one of the few assets to profit from the political and economic turbulence in the United States as the “fiscal cliff” approaches, potentially creating a rally in the precious metal later in 2012 for it to reach $1,900 per ounce by the end of the year, analysts at HSBC said.
“Economic uncertainty, geopolitical tensions and the uncertainty of the U.S. November elections are theoretically gold-bullish,” and gold should perform better later in the year “when U.S. growth is poor and the dollar is weak,” a new HSBC report said. “We expect prices to rally to above $1,900/oz by the end of the year. Patience is the most important commodity.”
HSBC recommends holding onto gold as an asset that will gain in value as investors fear the future of the euro and dollar with governments and central banks expected to intervene to shore up their currencies’ strength.
compare it to USA king pin - Rothschild/Hitler super red puppets - ussr khazar/bolsheviks copycatz - 99.666% against the PEOPLE -
Harry Reid has promised that there will not be a vote in the Senate for 'Audit the Fed', despite his past support for an audit in 1995. Contact Harry Reid now, and tell him to AUDIT THE FED: 202-224-3542. In addition call your senators and tell them to vote to Audit The Fed!
GG Goldcorp Split Time Overdue - with Robert McEvans we would get two new share for each one held - got it twice before - more easy for investors to buy a $10-20/sh to get a board lot than to buy above $40/sh - shareholders should suggest it again to the new management - get a split going - don't mind to get 3 new for each share held get new shares again - in no time they will fly to 40 again and it be time for new shares again - again - again - it a smart move - it works very positive each time - I been in since Dickinson time - good moves Robert did - it worked all the way and GG used to to be the top mover of NYSE get the split going
Ps. NO FOOD "COMING TO AMERICA" The real stimulus package ex....
Coming to America and the whole world? Got news for ya, as an American x will not be charging police with a rock and knife. And dont forget, our young have been? in combat for 10 years now, and watching these police, they all looked like a bunch of cherries. rangersgtt 13 hours ago Reply They got something call Martial Law. DHS just order 750 Million bullets to shot? at us ? !
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.