Monday, June 7, 2010

Egon von Gruyerz: Gold Could Hit $7,000

The "real move" in gold is to come, predicted Egon von Gruyerz, founder of GoldSwitzerland.com, Monday. He sees the inflation adjusted price of gold rising to $7,000 an ounce in the future on inflation and tells CNBC it could go higher if the world encounters hyperinflation. "Gold is at this point not a bubble," he added.




Get Started Trading Gold Now....With 10 FREE Trading Lessons

Share

No comments:

Post a Comment