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Old 12-30-2006, 10:23 PM
GoldNugget GoldNugget is offline
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Exclamation $1000 gold price forecast for 2007

Here is David Chapman's gold price and silver price forecasts for 2007.

Source: http://www.gold-eagle.com/editorials_05/chapmand122206.html

Quote:
Based on the current triangle pattern that appears to be forming, a move to $1,000 is not out of the question - quite possibly in 2007.



Silver cycles are very similar although they do not necessarily overlap with gold. Silver may have already hit its cycle trough back in September 2006. Silver should target up to $20-$22 in 2007 if the triangular patterns prove correct.
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