$1600 for gold a realistic prediction in light of continuing debt worries in the US.
MIAMI, FL - $1600 an ounce for gold seemed a little optimistic only a few weeks ago but trading July 14 showed it to be within reach as gold reached a high of $1594.90. Silver also rose sharply, to $38.95, bringing it within reach of $40. Silver was buoyed, like gold, by safe haven buying as debt wo...
