Wednesday 6 April 2011

Two views on gold

John Nadler: Close to the Madding Crowd

The popularity of precious metals appears to be waning. Whilst 2010 was a stellar year for gold, it came nearly bottom of the list in its potential to be a star performer in 2011

Frank Holmes: The Bedrock of the Gold Bull Rally

In conclusion, based on the above factors and trends, we believe gold could double over the next five years.

Naysayers started calling gold a bubble back when prices hit $250 an ounce and though gold’s bull market has tossed and flung the bubble callers around for almost a decade now, their voices have only gotten increasingly louder as prices broke through $1,000, $1,200 and now $1,400 an ounce.

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Wait and see.

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