Thursday, June 19, 2008

Schroders forecasting $5000/oz gold price

I guess if you were launching a gold fund you would want to drum up some excitement about gold right? Well Schroder Investment Management has launched its Schroder Alternative Solutions Gold and Metals Fund, and therefore it feels inclined to forecast prices going to $5000/oz. I wonder which decision came first. :). Read the story here.
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Andrew Sheldon www.sheldonthinks.com

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