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MSN money: 5 reasons gold is headed for $3,000 (Rs.55000 per 10 gm current price is 27000 per 10 gm)

With the precious metal seeing some weakness since posting an all-time
high of more than $1,900 an ounce -- though it rebounded Tuesday to
about $1,800 -- that's the critical question for anyone who caught
gold's big run or who is wondering if it's too late to get in.

Few investments bring out more passion than gold does. The folks known
as gold bugs never seem to think the price is high enough, while their
critics have been waiting since $1,000 for the bugs to get their
comeuppance.

But for the rest of us, the challenge is figuring out whether gold's
move can go on. Analyzing that involves looking at the reasons gold
has been on a tear, and whether they'll continue to be in play.

A careful look tells me $3,000 could indeed be in gold's future,
making upcoming dips buying opportunities. Here's why I think gold is
headed higher after a correction that could send gold down to $1,600
or lower -- and the best ways to buy in if you agree.

Read full at: http://money.msn.com/exchange-traded-fund/5-reasons-gold-is-headed-for-3000-dollars-brush.aspx

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