US Gold CEO Rob McEwen is talking his own book but then so is ArabianMoney whose editor is also the author of ?Dubai Sabbatical: The Road to $5,000 Gold? published 15 months ago (click here).
He thinks gold will show a similar increase in price to the 1970s in this gold boom and that takes the precious metal to $5,000. But if silver gets to $200 as he predicts that would be a five-fold rise from present prices compared with three-times for gold.
US Gold is creating a rival to Newmont as the only S&P 500 precious metals company. Tomorrow ArabianMoney will have a look at whether gold stocks or bullion are the better investment, and we will be considering again how best to invest in silver in the next newsletter (sign-up here).
Gold is up 70 per cent and silver by over 100 per cent since the publication of ?Dubai Sabbatical: The Road to $5,000 Gold? ? no other investment class comes close!
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