Hathaway Confirms Gold to Trade in the Five Digits
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/6/9_Hathaway_Confirms_Gold_to_Trade_in_the_Five_Digits.html
Hathaway presented a Dow/Gold ratio in his latest piece and believes we are headed ultimately to a one to one ratio which would put gold today at over $12,000. When asked if $12,000 gold was achievable Hathaway replied, “Sure, because that would reflect more damage to the integrity of the currency. The number that they (Dow & Gold) cross at is going to probably be in the high 4 digits or low 5 digits, if it happens in the next couple of years.
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