Message #14 From:
jayt Date: March 19, 2009 03:17:59 PM
Peter Munk speaks..
Peter Munk on a near-term possibility – “Let’s say a small percentage of the world’s central banks – or simply the United Arab Emirates, by itself – do not believe President Obama’s pledge that he will halve the US deficit by the end of his first term. They shift some of their dollar reserves into gold. It would not take many decisions of this kind to push the price above $2,000 per ounce.” Via Stock Research Portal (http://www.stockresearchportal.com/)
