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Seeking Alpha

Why Oil And Gold Are Headed Much Higher

NuWire Investor submits:

Gold and oil prices show continued instability as financial markets falter worldwide, but a new report predicts that the trend will ultimately see dramatic increases over time. For more information, read the following article from Money Morning:

"Analysts led by Francisco Blanch at Merrill Lynch & Co. Inc. wrote in a research report that gold could reach $1,500 an ounce. Worldwide plans to bail out the global financial industry are certain to fuel inflation.


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Published Sunday, October 19, 2008 5:59 PM
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