Featured Stories World News Commentary Money Watch Multimedia Prison Planet U.S. News Science And Technology

Charts Predict: Gold Could Hit $2,000

  • Print The Alex Jones Channel Alex Jones Show podcast Prison Planet TV Infowars.com Twitter Alex Jones' Facebook Infowars store

Wednesday, October 7, 2009

The price of gold will continue to rise and outperform stock markets and could go as high at $2,000, depending on the strength of the S&P 500 index, according to Chris Locke, managing director at Oystertrade.com Management.

Gold has already passed the $1,000 level, and “the next point should be pretty quickly to $1250-$1300,” Locke told CNBC Wednesday. He said “no matter what happens to stocks and stock industries gold will outperform.”

Because of the current strength of gold, “dips should be very well supported,” he said, adding that “if the S&P holds around the 1,050 level, then gold should move to around $2,000.”

Full story here.

This article was posted: Wednesday, October 7, 2009 at 8:55 am

Infowars.com Videos:

Comment on this article

Comments are closed.

Watch the News

Eminem is a Complete Idiot See the rest on the Alex Jones YouTube channel.

Actor Fired For Being a Conservative See the rest on the Alex Jones YouTube channel.

https://www.youtube.com/embed/3jFJTZkMc40 https://www.youtube.com/embed/FtUOoho8BEA

© 2017 PrisonPlanet.com is a Free Speech Systems, LLC company. All rights reserved. Digital Millennium Copyright Act Notice.