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Bloomberg’s Taking Stock: Gold to Hit $2,000? $7,000? $40,000?

September 20, 2012

With money printing by the Federal Reserve and the European Central Bank, Frank Holmes believes the stars are very much aligned for gold to rise to $2,000. But when asked what was the craziest target price that he has heard on gold by Bloomberg TV’s Deirdre Bolton, Frank explains the rationale for a gold price of $7,000 and $40,000. Click below to watch.

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