From here expect a 5 to 8 year run for oil and gold. With $200.00 oil translating to $3400 gold in the "dying days" of this "bull! (That's at the historic ratio of 17)
No doubt, Traps, that will "top up" the RRSPs!
Expect the unexpected could translate to much higher prices although most gold equity/physical investors will be very "happy" with the $3400.00!
The definition of "happy" would need redefining!
What would 10MMozs (only 1/3 of E's prognostications!) with $3400.00 gold do to SAN's SP?
Patience will answer that question!
RUF