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Gold Prices – Where Next? 11 Nov 2009

As gold prices break ever higher, breaking through $1100 per ounce level on a weaker dollar and growing trader and investor appetite some of the industry’s leading analysts give their verdict on gold in a recent article from the Telegraph newspaper.  Among those quoted is Professor Nouriel Roubini who believes that gold prices can only go higher in the event of financial armageddon or inflation, neither of which, he believes is currently the case.  While on the other side of the fence there is Jim Rogers arguing that gold prices have not yet peaked and that adjusted for inflation gold prices would be closer to $2000 an ounce.  You pays your money and you takes your choice!

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