I put out my first major buy signal in gold way back in early 2000, when gold was trading at about $260 an ounce. I said then that gold was an easy double, moving to at least $500 over the next two years.
I told my readers to add to their gold positions in October 2004, when gold crossed above the $400 level …
And again in September 2005, when gold blasted through $450 an ounce.
I added again, even telling subscribers to increase their core gold allocation from 10% to 25% — in September 2008, when gold closed above the $860 level.
And my latest recommendation on gold came when it closed above $1,162 on the 27th of April.
Now, gold has thrust to as high as $1,261.
For those who have been following me from the get-go, your gains on gold could be as much as $1,000 an ounce — or more than 384%.
The gains in select gold mining shares could be even more dramatic — 800% … 900% … even more than 1,100%.
But gold has much more to go to the upside.
My minimum target, which I’ve often cited for the record is $2,300 an ounce — with a very high probability that the yellow metal will ultimately exceed the $3,000 level, and perhaps move as high as $5,000 by late 2012.
