Saturday, May 14, 2011

Louise Yamada - $5,200 Gold is Long-Term Channel Target

“Well it hit our target at $1,500, so that is due for a rest in terms of achieving a target and than taking a little bit of a breather. But certainly $2,000 is next and we have higher targets over the long-term for gold. If you look at it from a very, very long-term perspective all the way to the early ’70’s when the dollar was delinked, the long-term channel line could take you to $5,200.”

- Louise Yamada via a King World News Interview

Read the full interview here:$5,200_Gold_is_Long-Term_Channel_Target.html