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The Price for Gold Will Surpass $1000 per Ounce in the Next 5 Years

Short News
Friday November 2, 2007

Credit Suisse analysts believe that the price for an ounce of gold will reach $1,050 by 2012.

Investment bank specialists state that the global gold production will decrease in the next years due to the fact that new reserves are not able to compensate for dying mines.

One of the most important factors is believed to be the increasing prices for oil products.

Source: dig4coins.com

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