According to Robert McEwen, CEO U.S. Gold Corporation…
“Gold prices may reach $2,000 an ounce by 2010 on demand for an alternative to currencies. You have much more money than there is gold, and as people see their currencies falling relative to gold; they’re going to be saying ‘Maybe I should have some of this.’”
John Hill and Graham Wark, Citibank analysts note…
“Frankly, we're surprised, that gold is not already at $2,000 an ounce. Gold will benefit from both the “gloom & doom” and “muddle-through & monetization” scenarios, possibly regaining $1,000
