A Formula for $12,000 Gold
Posted on October 12, 2012 at 10:30 AM EDT
Gold has steadily advanced over the last 60 days from $1,600 to this morning’s $1,767. Which is making some people a little nervous. For instance: “Can you comment,” a reader asks, “on what you think might happen to the price of gold if Romney gets elected?” We’ll answer that question today in the course of examining some longer-term trends that will prove immune to whatever happens [checking the calendar] 25 days from now [thank God]. [...] A Formula for $12,000 Gold appeared in the Daily Reckoning . Subscribe to The Daily Reckoning by visiting signup for an Agora Financial newsletter .