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<p>[QUOTE="SilverSurfer, post: 861913, member: 21603"]A contrarian view, one that I think is doo doo.</p><p><br /></p><p> Our reporter friend Frank Tang, over at Reuters, reports this morning that GFMS opines that: <i><b>“Gold is near the final phase of its 10-year bull run, but prices could still climb as high as $1,300 an ounce in 2010 driven by higher investment demand.”</b></i></p><p> Philip Klapwijk, the jovial helmsman at GFMS Ltd. feels that <i><b>“the rise of gold prices is not sustainable because jewelry demand has dropped to less than half of total demand, and record investment buying at some point will fall off.”, </b></i></p><p><i><b><br /></b></i></p><p><br /></p><p><br /></p><p><i><b>Here, read the article yourself....</b></i></p><p><br /></p><p><br /></p><p><i><b><a href="http://www.kitco.com/ind/nadler/apr142010.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.kitco.com/ind/nadler/apr142010.html" rel="nofollow">http://www.kitco.com/ind/nadler/apr142010.html</a></b></i></p><p><i><b></b></i>[/QUOTE]</p><p><br /></p>
[QUOTE="SilverSurfer, post: 861913, member: 21603"]A contrarian view, one that I think is doo doo. Our reporter friend Frank Tang, over at Reuters, reports this morning that GFMS opines that: [I][B]“Gold is near the final phase of its 10-year bull run, but prices could still climb as high as $1,300 an ounce in 2010 driven by higher investment demand.”[/B][/I] Philip Klapwijk, the jovial helmsman at GFMS Ltd. feels that [I][B]“the rise of gold prices is not sustainable because jewelry demand has dropped to less than half of total demand, and record investment buying at some point will fall off.”, [/B][/I] [I][B]Here, read the article yourself....[/B][/I] [I][B][url]http://www.kitco.com/ind/nadler/apr142010.html[/url] [/B][/I][/QUOTE]
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