Inflation-boosted gold price to reach new record high, GFMS tells China

By: Martin Creamer
8th July 2009

JOHANNESBURG (miningweekly.com) - After a possible short-term fallback below $900/oz, the gold price would reach a new record high in the second half of 2009 as the threat of inflation would drive a new wave of investment, consultancy GFMS said on Wednesday at the launch of its13th Chinese-language version of its annual Gold Survey in Beijing.

Inflation will drive gold prices

Post from: Gold News from Gold Editor

Martin Creamer; Inflation-boosted gold price to reach new record high, GFMS tells China

SAFE HAVEN REPLACEMENT FOR DISCREDITED DOLLAR

Gold price poised for spectacular and prolonged rally - Peter Schiff

Gold bullion and gold-related investments, especially gold mining stocks, will be the best bets in the protracted and severe inflationary environment likely to result from current global monetary policies.

Author: By Marc Davis
Posted:  Wednesday , 08 Jul 2009

Vancouver, BC (BNW Business News Wire) -

Gold prices are poised for a "spectacular" and prolonged rally as the recession deepens and investors finally become disillusioned with the U.S. dollar

Gold prices will rally

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Gold price poised for spectacular and prolonged rally – Peter Schiff

Casey's Daily Resource Plus                         June 26, 2009

In Today's Edition:

• Platinum catches a spark - Gold, silver up modestly.
• Dollar backs off - Jobless numbers unexpectedly jump.
• Crude pushes higher - More violence in the Niger Delta.
• • Base metals climb again -  Optimists riding the wave.

See today's edition, for more on metal price of gold, silver and more

Post from: Gold News from Gold Editor

Casey’s Daily; Gold, silver up modestly