Friday, November 20, 2009

Now on CNBC: Gold as money

I wouldn't waste a keyboard click on quoting once again an analyst that values gold at $x000 - if it came from an alarmist newsletter promo. But tracking the movement of gold as a trend in public consciousness, the source for this broadcast is interesting:

CNBC Stock Blog — Gold's Money Value is $4,000-$11,000: Strategist — Market News - CNBC Stock Blog -
"Rickards said he’s been bullish on gold for a while and said he sees gold rising to $2,000 an ounce “without breaking a sweat” in 2010. “That’s on fundamentals without treating it as money,” he added."

No comments:

Post a Comment