Sunday, August 8, 2010

Bob Chapman Says 95% Chance of Gold Breaking $1,500 by Year's End

World renowned economist and editor and publisher of the International Forecaster, Bob Chapman hit the nail on the head again. Two weeks ago he predicted in his newsletter that Gold will rally this past week and he was right again. Now he says that in this week ahead we should approach $1,260 -- $1,265 and if this level is broken, we are off to $1,300 ++ in the next rally. On one of his radio programs he answered a listeners question about where Gold will be at year's end and he said there's a 95% chance of breaking the $1,500 mark.   BK