Woah, another mainstream bank specializing in commodities just went hyperbolic on the price of gold. I guess they're conspiracy nuts also. The table is now set. It's now just a matter of time before other institutional investors like the University of Texas endowment fund begin accumulating physical gold and buying mining equities.
http://www.zerohedge.com/article/standard-chartered-three-factors-will-drive-gold-5000
Tuesday, June 14, 2011
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