Other experts echo this bullish sentiment. Big time investor, Jim Rogers, stands behind his long term $2,000 gold price prediction.
"It'll probably be much higher than $2,000 in the
Congressman Ron Paul think the government will lose control of the dollar and push gold to astronomical levels. "You'll see gold at maybe $5,000 to $10,000, and then they'll say we have to do something and then that's when countries resort to something of real value to regain the trust ... I think we're going to come to our senses before that
Gold mining executives are a little more conservative. Chuck Jeannes, CEO of
(GG - Get Report) thinks gold could spike to $1,700 in 2011. "With all the financial uncertainty, with the European debt crisis, and what's going on in the U.S. right now, the gold price has continued to perform
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