[e-gold-list] Big gold rise predicted vs US$

[Paul Davis]

``Investors will start anticipating Arab oil producers are not happy with
recent declines in the dollar,'' said Stephen Leeb, president of Leeb
Capital Management, which oversees $152 million in New York. ``If the dollar
is seen weaker from a longer-term perspective, that has to be positive for
gold, one of the primary alternatives to the dollar.'' 

Gold may rise to $1,000 an ounce over the next 18 months, driven by a
falling dollar and rising energy costs, Leeb said. Leeb Capital has 4
percent in gold equities. 

Full article: 

http://www.bloomberg.com/apps/news?pid=20601087&sid=aFAY29NT1mZw&refer=home



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