Gold Bulls Eye $1,000 Bullion

Source: thestreet.com (12/25/07)

The usually cautious Jessica Cross, CEO of the London-based consultancy VM Group, says gold prices should get a double boost next year from continued declines in the value of the dollar and the uncertainty of a U.S. presidential election combining to drive up demand.

If the experts are right, gold could be poised for another banner year in 2008.

Experts say they expect continued weakness in the dollar and robust investment demand, and that prices for gold could surge to above $1,000 an ounce in the next 12 months, according to a broad cross-section of professionals interviewed by TheStreet.com.

As with last year, everyone in the group sees a continuation of the historic bull run. But this time there is also a distinct bias toward favoring bullion and the bullion exchange-traded funds, such as streetTracks Gold Shares and iShares Comex Gold Trust, over mining stocks...

The usually cautious Jessica Cross, CEO of the London-based consultancy VM Group, says gold prices should get a double boost next year from continued declines in the value of the dollar and the uncertainty of a U.S. presidential election combining to drive up demand.

Announcing Streetwise Live! Events
Source: Streetwise Reports (07/13/2020)

Streetwise Reports is offering 100 investors—at no charge—the opportunity to meet via Zoom with executives of precious metals companies as they discuss recent developments at their companies and upcoming catalysts.

"China's export quota could be opportunity for Canadian miners"

Mexico: Gold's Next Powerhouse Player
Source: Marc Davis, BNW News (11/03/2009)

As the world's key gold producing nations struggle mostly in vain to replenish dwindling below-ground supplies, Mexico is bucking the trend in a big way.

Where Have All the Gold Mines Gone?
Source: Brent Cook, Exploration Insights (04/14/2009)

Given the declining global gold production, mining companies’ demand for reserve replacement and the acute dearth of new gold discoveries, there is no doubt that real economic discoveries will be exceptionally valuable. . .the opportunity for stellar profits is the best it has probably ever been. Identifying the few successes, however, will require vigilant and constant technical assessment of geology and drill results, always with an eye to mine economics.

Congo Completes Mining Review, Says Majors Quit Talks
Source: Reuters (12/20/2008)

"Review process is extended an additional 45 days to allow six companies to return to the negotiating table for direct talks with government ministers."