Saturday, June 18, 2011

Smart Money Europe - New Bold Prediction: By 2015, 10 percent of the S&P 500 will consist of Gold & Silver Stocks!

"...That’s why we believe that gold and silver stocks will make up for 10 percent of the S&P500 when gold will be crossing the barrier of $5000/ounce! As our modeling has shown, we should be reaching this price target for gold by 2015.
Currently, the sector ‘materials’, in which the 2 mentioned stocks are included, makes up for only 3.53% of the S&P 500.

Our newest bold prediction is getting support from respectable insiders.

Rob McEwen, an icon in the gold arena, recently called for a merger of two mining companies, in which he holds a significant stake. By merging, a powerful low-cost silver group would arise, but more importantly, McEwen sees a good change to enter the S&P 500 three years from now!..."

at http://www.zerohedge.com/article/smart-money-europe-new-bold-prediction-2015-10-percent-sp-500-will-consist-gold-silver-stock?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29

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