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Expatriate Forums in Bahrain -> Bahrain Business & Finance / Bahrain Jobs -> Gold to reach $ 3,400 in 3 years?
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Acamar






Joined: 04 Dec 2007
Posts: 3

Home Country: canada
   

PostPosted: Tue Dec 04, 2007 1:13 am    Post subject: Gold to reach $ 3,400 in 3 years? Reply with quote

I used to live in Dubai and now live in Vancouver. Having watched the US$ fall and knowing that the Dirham is pegged to the US $, I think people should be aware of gold's role as a hedge against the US $.

And with the UK Times newspaper reporting that a leading Asian investment bank is calling for gold to rise from its current $ 800 per ounce to $ 3,400, people should consider investing in gold or gold mining companies.

I distribute an investment newsletter to Dubai and the GCC called the Acamar Journal.
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