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$3,000 Gold Price Forecast from Merrill Lynch/BOA
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<p>[QUOTE="GoldFinger1969, post: 4423377, member: 73489"]Who knows....some of my bullion, maybe. I'd probably not sell my numismatics or semi-nums unless they went parabolic like 1979-80 or 1988-90.</p><p><br /></p><p>You could have a major "bid" in the market for decades as hundreds of millions of Asians, Chinese, and Indians become middle-class....could be lots of gold buying. Measured against Central Bank selling, existing gold stocks, and annual mine production, a supply/demand analysis should be able to tell us where the tailwind and headwinds are.[/QUOTE]</p><p><br /></p>
[QUOTE="GoldFinger1969, post: 4423377, member: 73489"]Who knows....some of my bullion, maybe. I'd probably not sell my numismatics or semi-nums unless they went parabolic like 1979-80 or 1988-90. You could have a major "bid" in the market for decades as hundreds of millions of Asians, Chinese, and Indians become middle-class....could be lots of gold buying. Measured against Central Bank selling, existing gold stocks, and annual mine production, a supply/demand analysis should be able to tell us where the tailwind and headwinds are.[/QUOTE]
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$3,000 Gold Price Forecast from Merrill Lynch/BOA
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