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Gold Price Is Going Higher
Published: 11/29/09 12:50 PM EST
As we have mentioned many time, we believe that gold will continue to move higher. What the price ultimately ends up being in a few months or years is anybody’s guess. While we have taken stabs at the price the ultimate value will be in the relationship to what an ounce of gold will buy. Will the correlation of the Dow and gold price reach equilibrium? Dow 1,000 and gold $1000. Some have suggested this will happen or even a high value of gold to the dollar. We have respect for the work of Sean Brodrick of the Wiess Research group…

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