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U.K. money manager sees $2,000 gold
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Monday, April 27, 2009
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From Newsmax:

Philip Manduca, head of investment for U.K. money manager ECU Group, says gold will breach $2,000 next year.

That would represent a new record and a whopping increase of 125 percent from the current level of $890 an ounce.

"I’ve forecast that gold will go beyond $2,000 before 2010 is out, and I still believe that very much," Manduca tells CNBC.

Read full article...

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Topics: Gold | Commodities
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