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Gold Miner Predicts $2300 Gold Price

It could be a bullish run for gold in the next year according to a leading gold mining firm.

PRLog - Sep. 21, 2011 - It could be a bullish run for gold in the next year according to a leading gold mining firm. Newmont Mining Corp. Chief Executive Officer Richard O’Brien said he expected gold prices to hit $2000 by the end of this year and $2300 in 2012.

At the Denver Gold Forum in Colorado Springs, O’Brien further commented that he believed gold could be in a bullish phase for the next five to seven years. According to reports, he believed it would take that long for people to get their house in order.

His gold coin price prediction would be a 28 percent gain in the price of gold in the next year. With gold only around $1800, that prediction would also mean a more than 10 percent gain in gold coin prices in the next two months.

We can help you position your portfolio to take advantage of O’Brien’s gold price prediction. With high quality government bullion coins and collectable pre-1933 gold coins, Global Gold Group is the best way to buy gold and invest in gold coins. We can even help with IRA rollovers and 401k transfers. Contact us today at http://www.aglobalcurrency.com for free information.

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Source:Global Gold Group
Location:United States
Industry:Jewelry, Finance, Lifestyle
Tags:gold, invest in gold, price of gold, gold coins, gold price prediction, buy gold, gold bullion, invest in silver, ira
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