Hedge Fund Manager: Gold Will Reach $4000

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Hedge Fund Manager: Gold Will Reach $4000
Anonymous Coward User ID: 1361553 United States 05/05/2011 04:48 AM Report Abusive Post Report Copyright Violation	Hedge Fund Manager: Gold Will Reach $4000 John Paulson told a UK news show on Tuesday that gold is going to $4,000, reports WSJ. Despite some recent gyrations in the precious metals arena—more so on the silver side of things—the prominent investor remains super-bullish for the next 3-5 years. On the other hand, according to reporters Gregory Zuckman and Caroline Cui, Soros has been a seller of gold and silver lately. [link to www.cnbc.com]

Anonymous Coward User ID: 1342814 Switzerland 05/05/2011 04:50 AM Report Abusive Post Report Copyright Violation	Re: Hedge Fund Manager: Gold Will Reach $4000 John Paulson told a UK news show on Tuesday that gold is going to $4,000, reports WSJ. Despite some recent gyrations in the precious metals arena—more so on the silver side of things—the prominent investor remains super-bullish for the next 3-5 years. On the other hand, according to reporters Gregory Zuckman and Caroline Cui, Soros has been a seller of gold and silver lately. [link to www.cnbc.com] Quoting: Anonymous Coward 1361553 I totally agree. The last time silver took a dive in the 1980 it did so at $50. If you adjust for inflation that would be about $150. Silver is SUPER CHEAP right now.
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