Rob McEwan Predicts that Gold Will Hit $5,000 and Silver $200
The founder of Goldcorp and CEO of McEwen Mining Inc, Rob McEwen, recently stated on Bloomberg news that he was offering up a fresh precious metals price forecast. He joins the crowd of preeminent voices in the precious metals sector foreseeing significant price appreciation for both gold and silver (click on this link to see future price predictions of 151 analysts).
Mr. McEwen Predicts that gold will hit $5,000 per ounce, representing a 300% increase from current prices, and silver will reach $200 per ounce, a 600% rise from today. Note: One should consider overweighting in silver. McEwen has predicted we would see these levels by 2015-2016.
All Things Considered – John’s Commentary:
Don’t give up hope. Stay the course. Remember to buy what is out of favor. That would be gold and silver at these prices.
Don’t you often look back and say to yourself, “I should have bought, or I should have bought more? I wish I had but I didn’t. Now it’s too late.” Don’t make that mistake.
Gold and silver bullion are on sale – for 5.5% over spot price or less in quantity. Call to discuss the lowest premium forms of gold and silver available.
Quote of the day: “Don’t try to buy at the bottom and sell at the top. It can’t be done, except by liars.” – Bernard Baruch
