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Saturday, November 24, 2012

Supply constraints add to push for $5,000 gold and $200 silver within four years says top miner *vid*

 Posted on 24 November 2012 
 
Gold closed the week with a jump back above $1.750 and silver past $34 an ounce again. But the outlook is for much higher prices due to money printing by central banks and the inability of mining companies to produce more of the metals to satisfy the growing demand.

McEwen Mining CEO Rob McEwen discusses the future of the gold market. He speaks with Alix Steel on Bloomberg Television’s ‘Lunch Money.’


Posted on 24 November 2012

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