Wednesday, May 23, 2012

Agnico CEO Calls for $3,000+ Gold for the First Time Ever

"Today one of the top CEO’s in the world told King World News that gold will trade over $3,000 within twenty four months.  Sean Boyd, CEO of $6.5 billion Agnico Eagle, also stated that prior to this, “I’ve never been at the $3,000+ number, ever, in 27 years.”  Boyd also discussed the mining shares, but first, here is what Boyd had to say about the action in the gold market:  “I think you’re in a situation right now where the problems in Europe are front page and it has hurt the euro.  So the US dollar is stronger.  If you look at the US dollar, that story is on page 3 or 4.  It will be a front page story soon.  The debt ceiling has to be raised and we really haven’t fixed a lot of the issues, whether it’s in the US or in Europe.”


at http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/5/22_We_See_Strong_Gold_Demand_From_China,_India_%26_Central_Banks.html

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