Gold has Considerable Room to the Upside

“Look, if you were to run M4, M3 numbers, etc, and assert a value to gold on an appropriate metric relative to that, obviously gold would be at stupendous prices. I believe that gold has considerable room to go to the upside, four or five times (Gold price above $6,000). I think that’s not an inappropriate suggestion.”

- Ben Davies, via a recent King World News interview. Read the full article interview:

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/6/23_Ben_Davies_-_Eurozone,_Deleveraging_%26_Gold_to_Break_$6,000.html