Monday, November 19, 2007

Golden Prospects

The mining sector's prospects really look bright. Gold prices are currently at around US$850/oz. and might be heading towards US$1,000 in the medium-term. Again, the continued weakness of the dollar, oil-induced higher inflation (US$100/barrel) and low interest rates and you have investors pouring their funds into gold.

1 comment:

Kodi said...

Which is actually a good thing. Lots of my friends are now employed.

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