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5 Ways To Profit As Gold Soars To $1,500 In 2009
This Link is located in the Public Channel Contrarian Stock Market News and Views.
Posted by lucretius 49 days ago (www.contrarianprofits.com).  Views: 4
Tags: stock market news  contrarian investing  financial ideas  stock ideas
The recent slump in gold prices has puzzled many investors who considered the yellow metal a safe haven. But Mike Caggeso says the inflationary impact of the government’s $700 billion bailout program could send gold soaring towards $1,500 an ounce by the end of 2009. He recommends five ways to play this coming gold bull run.

This from Money Morning:

Gold hit two historic milestones in 2008.

First, in early March, the “yellow metal” hit its all-time high of $1,030 an ounce.

Just months later, the price of gold for December delivery had plummeted to $681 an ounce, a 21-month low and 33.9% drop from its record high.

Most gold bugs were equal parts puzzled and broken-hearted. The world’s stock markets tanked, as did some of its…

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