While on the one hand many so-called experts are calling gold a worse investment than a tall man’s shop in Tokyo, I will go out on a limb and predict a 50% increase (to 2400) by this time next year. If you simply adjust for inflation from 30 years ago this figure is probably on the conservative side. One of the better plays on this will be UGL which yields twice the increase.
So if a 100% increase a year is appealing go gold via UGL.
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