tag:blogger.com,1999:blog-19966255.post4342450835511241020..comments2023-08-23T00:08:03.609+10:00Comments on News Kontent: Acclaimed forecaster-gold to $2,000 by 2010kevinhttp://www.blogger.com/profile/05331047626419936198noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-19966255.post-45912857578822494992009-01-19T17:16:00.000+11:002009-01-19T17:16:00.000+11:00I take a sort of selfish comfort in the fact that ...I take a sort of selfish comfort in the fact that the public is being spoon-fed the usual concerns of price risk, a pacifier on currency risk, and a few scraps about liquidity (counter-party) risk, but nothing about the more exotic basis risk. I say this because it means people will buy my paper gold at a profit to me while mentally discounting the basis risk. The volatility in paper gold will only increase as the price slope on gold in general increases. I expect physical gold to trade for over $2000/oz. this year, while paper gold might go rocky between $1200 and $1800.Anonymousnoreply@blogger.com