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Aug 27th Gold going to $6000 Bloomberg

백조씨

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Aug 19, 2008
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Link: http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aKEEVC191tsg

Hennecke Sees `Huge Upside' for Gold, Price at $6,000: Video
Aug. 27 (Bloomberg) -- Martin Hennecke, senior manager at Tyche Group Ltd., talked with Bloomberg's Susan Li in Hong Kong yesterday about the outlook for gold prices, and the impact of government bailouts of failing banks on inflation and metal prices. (Source: Bloomberg) [he even mentions the PPT]

00:00 Bank bailouts, impact on metals, inflation
01:55 Cash risks; sees gold price at $6,000
Running time 03:28

Click on the video on the right.
 
Why does the link ask me to download Windows Media Player to view the clip when I have it already installed? I don't trust that. I was curious what he thought might cause gold to go to $6000. It recently had a big run up and seems to have peaked.
 
If any websites are safe on the internet, bloomberg is likely to be one of those. I'm guessing browsers still require a windows media player add-on to interact with webpages.
 
Why does the link ask me to download Windows Media Player to view the clip when I have it already installed? I don't trust that. I was curious what he thought might cause gold to go to $6000. It recently had a big run up and seems to have peaked.



The video link seems to work for me....Maybe you need a newer version of Media Player?

From what I understood, this guy expects gold to go up because of worldwide bank bail-outs which are going to cause a rise in inflation.

(Please correct me if I'm wrong.)
 
But then after huge bank bail outs the central banks in other countries devalue their currency by buying up the dollar again.
 
The video link seems to work for me....Maybe you need a newer version of Media Player?

From what I understood, this guy expects gold to go up because of worldwide bank bail-outs which are going to cause a rise in inflation.

(Please correct me if I'm wrong.)

"gold to go up" along with everything else in the universe....$100 loaf of bread??
 
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