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HSBC Holdings PLC (NYSE ADR: HBC) just predicted that gold prices will likely average $2,025 a troy ounce in 2012 - stating that investor fears about the Eurozone and other regions of the global economy will send them rushing back into such safe-haven holdings as gold.
We told you that quite some time ago.
We told you that quite some time ago.
As Money Morning readers know, we've been stating for some time that high gold prices would be the future norm - and even called for a near-term correction before the "yellow metal" then raced to new record highs.
Frequent contributor Peter Krauth - who also runs The Global Resource Alert trading service for parent Money Map Press LLC - has written that gold could hit $2,500 an ounce, or even $5,000, if a "perfect storm" of catalysts took hold.
So while we've recently been telling Money Morning readers what we expect will happen with gold prices, we've been showing Private Briefing charter subscribers precisely what to do about those predictions.
In fact, in today's (Tuesday's) issue of Private Briefing, Krauth details two "must-have" portfolio picks that will allow you to profit from the run-up in prices that he's predcting for gold -and for silver.
To find out more about Krauth's prediction for gold - and for those profit picks, please just click here.
News and Related Story Links:
Frequent contributor Peter Krauth - who also runs The Global Resource Alert trading service for parent Money Map Press LLC - has written that gold could hit $2,500 an ounce, or even $5,000, if a "perfect storm" of catalysts took hold.
So while we've recently been telling Money Morning readers what we expect will happen with gold prices, we've been showing Private Briefing charter subscribers precisely what to do about those predictions.
In fact, in today's (Tuesday's) issue of Private Briefing, Krauth details two "must-have" portfolio picks that will allow you to profit from the run-up in prices that he's predcting for gold -and for silver.
To find out more about Krauth's prediction for gold - and for those profit picks, please just click here.
News and Related Story Links:
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What’s Happening to Gold and Silver Prices?
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Fear & Panic are the Banking Cartel’s Weapons V. the Gold & Silver Bull. Patience and Logic are...
(the Underground Investor, 5/17/12)
Gold: The Bargain of a Lifetime
(Wealth Daily, 4/27/12)
Tags: 025 Next Year, HSBC Says Gold Will Average $2
I often feel like Subscribing – BUT – when asked to broadcast Credit Card Details over bthe Net I am turned completely off . . . I do buy " Expensive" items on the Net (ebay ) but always use the 'Ultra Safe' Paypal System.
Gold buying / saleing yes/no
I can"t access your recommendations for Takeovers in Gold Mining
Please correct the condition or explain your specific recos
Tillman
Gordon ,could not agree more, have you had a reply,would like to know.
I'm trying too learn how toget started and how to find the stock to watch.