My Target for Gold is $7000 to $9000 per Ounce

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Gold has a number of vectors. It is technically set up for a massive rally. Let me separate the fundamentals from the technicals.

Fundamentally my target price for gold is in the range of $7,000 to $9,000 per ounce. That�s not something that will happen straight away, but it�s not a 10-year forecast either. It�s a three- to five-year forecast, for the price to rise by about five to six times.

- Jim Rickards via epoch times:


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