"But as long as Ben Bernanke, Mario Draghi, and the other central bankers around the world are insistent on sort of these infinite quantitative-easing measures where there really is no limit in terms of either the time or the scale I think you have to wonder what the cap would be on an asset class like gold. You've got dollar holders over the world, including savers here in the United States, who have to look at their savings differently today than they did on Friday wondering just how much of a bite out of their savings will be taken as Ben and company are managing their savings at this point."
$2,000 gold "may be a 2013 event, but I think on the positive side it's at least possible this year; it's at least possible for 2012. But I would think it's a virtual guarantee in 2013 as we even test the $2,400-$2,500 level next year."
$2,000 gold "may be a 2013 event, but I think on the positive side it's at least possible this year; it's at least possible for 2012. But I would think it's a virtual guarantee in 2013 as we even test the $2,400-$2,500 level next year."
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