TITLE

GLITTERING PROSPECTS

PUB. DATE
January 2004
SOURCE
Bulletin with Newsweek;1/20/2004, Vol. 122 Issue 6404, p57
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
Gold looks set to continue its rise as the current king of minerals. Gold was perhaps the most lucrative of investments in 2003, and with its price bursting through U.S.$400 an ounce before Christmas 2003, it seems that the good times could roll on. Gold is seen as a safe haven in such uncertain times, and there are plenty who believe that bullion could rise another 10% or more this year. Local investors are well placed to capitalise on this because of our solid and diversified gold equities industry. The main impetus is the continued fall in the greenback and increased perceptions that the global economy is more inclined towards inflationary pressures than deflation.
ACCESSION #
12495108

 

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