Some of you are already an active investor in AU METAL (i.e. GOLD), CONGRATULATIONS
In recent times, there has been a plethora of reports written by local and foreigns analyst of the prospect of this commodity. This posting is not an attempt to reproduce them but it is just to share (in brief) some recent common outlook.
The rush for GOLD has not eased and it has driven prices to test new levels close to 1980s inflation-adjusted records. This is further fueled by many fund managers taking a "safe-insurance" position with this commodity against the back drop of unstable macro economic challenges of developed countries, including threats of financial systematic risk, including concerns for double dip inflation and low interest rates.
The outlook for GOLD is favorably bullish with targets of US$1819 per ounce by 2012. (1 kg equals 35.274oz). Morgan Stanley even reports that they believe there is an 85% chance that GOLD will trade US$2085 per oz next year.
As mentioned in previous posting, it is recommended that you add GOLD into your basket of investment portfolio. Its capital preservation benefits will be a solid anchor during a period of economic storm and financial system fragility.
PUT YOUR FINGER INTO GOLD!
