Friday, December 12, 2008

Citigroup on Gold

Jesse at Jesse's Cafe Americain has a 30 November 2008 post citing a Citigroup memo about gold. Citigroup thinks gold could go to $2,000 next year. I had read the article Jesse cited. Here's a link: http://jessescrossroadscafe.blogspot.com/2008/11/citigroup-memo-points-to-gold-as-safe.html. I can see gold going to multiples of $2,000 by 2017. As for China and gold, see my posts:

http://skepticaltexascpa.blogspot.com/2007/10/those-who-do-not-know-history.html.
http://skepticaltexascpa.blogspot.com/2008/11/forbes-capitalist-fool.html.

2 comments:

Anonymous said...

AuAuAu

AuAuAu

AuAuAu

Amen.

Anonymous said...

Cash is king, and dollars are not cash, they are ash.