Gold price will reach $5,000 predicts Rob McEwen

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Uploaded by on Nov 24, 2010

In this video, Rob McEwen, Chairman & CEO of US Gold and founder of Goldcorp, predicts a gold price of $5,000 by the time it peaks. He acknowledges the role of gold as money. People invest in gold to protect their other investments.

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  • I agree with you.Most of my friends had made a huge fortune they purchased Gold while the ounce was 332$ and now it soared to 1900 $,so they won over 1500$ in each ounce and they became extremely wealthy.Imagine how Gold soared more than 50$ a day and over 300$ a month,that is quite profitable.

    Arabs are the richest in the world,most Arabian guys marry women from America & Europe & they offer them all the Jewels & Luxuries they want.

    Gold is most likely to reach 2000$ & could rise above 2000$.

  • It is very hectic and quite Hazard to buy Gold at this very High Level,it might abruptly fall against your expectations.

    To tell the truth Mr Rob Mc Ewen seems quite convincing and the video is impressive.If people could foretell the future we could all become rich.

    Remember Most Economists were predicting The Euro could rise above 1.60$ but their expectations were inaccurate as the Euro fell and now The European Economy is showing signs of Weakness.

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All Comments (27)

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  • @Xombie007

    You like gold huh?

    I want to visit your company.

    Where are you?

  • I want to be neutral.Do you think the majority of people can afford to buy Gold at this over-priced Level especially with a deep Economic crisis escalating?.Only Rich people can buy it and they are getting richer.Anyway thanks for your analysis.

  • @bullenchris18 there are many anti-christ in the world brother. Christ said that when he was alive.

  • @SexyWomenRule1 According to the research that we've done at my firm, the European economy IS expected to get weaker before it starts to recover. The USD should make a comeback before the Euro, which means that the price of the Euro will drop further before it stabilizes. It's hard to say though whether the price of Gold will go up until it hits $5,000 though. The economy needs to show definite signs of improvement including significant job growth for precious metal prices to start coming down.

  • Concerning me I think it is very dangerous to buy gold now because it is over priced and a rip off.Can you guarantee that gold will reach 5000 dollars?.

    My account is in US dollars .The dollar could recover and the Euro might fall further because the European economy is in deep trouble.

    Wish gold could fall back to 500 dollars or 700 dollars as it was one year and a half ago.

    Please reply back.

    Thanks.

  • FALSE CHRIST COMES FIRST

  • @anobeese

    I agree with you.The Euro hit the 1 dollar 60 level and now the European economy is in deep crises.The Euro could fall further soon. What astounded me about Arabs is that they are still purchasing gold ounces at this high level since they are extremely wealthy,thanks to high oil prices.

    The US economy is still immune.

  • @ThirdRomeAquilo what have you got to say about this, now that gold hits 1900$? lol

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