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Anglo Asian Mining PLC

Full interview: Gold expected to surge even higher on back of global economic weakness

Mining Capital's Alastair Ford discusses what he describes as the stunning rise in gold as it's moved through $1500 this week.

''There are some pundits around who think it'll go higher, $1525 is the next target they're setting''.

''I think there is some likelihood it will go higher - the real driver behind this is the weakness in the global economy and the strange movements in the international bond markets''.

Quick facts: Anglo Asian Mining PLC

Price: £1.63

Market: AIM
Market Cap: £185.89 m
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Full interview: Mining Capital's Alastair Ford charts continued strength in...

Mining Capital's Alastair Ford addresses suggestions gold could be heading towards a new high of $2000/oz. ''I think that's quite an ambitious target to be setting at this point ... the next breakout number $1525/oz and thereafter the chartists will look for something like $1560/oz''. ''If...

1 week, 3 days ago

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