Thursday, June 2, 2011

James Turk: Gold is Hot- To Reach New Highs This Summer!

James Turk continues his call for gold to make a huge upward move this summer, today again stating that gold will set new highs.  As gold currently sits at $1530 even after yesterday afternoon and this morning's take town, we really are not too far from new nominal all-time highs in gold near $1575.
Whether gold reaches Turk's call of $1800 by the end of June remains to be seen (that would require a rather impressive $270 move in less than a month), but the target is likely to be reached sooner rather than later.

Click here for Turk's latest from KWN: