Oil Heading for $150 a Barrel, Gold for $1500 an Ounce - Merrill

Gold could reach $1,500 an ounce, since the worldwide plans to bail out the global financial industry are certain to fuel inflation, analysts led by Francisco Blanch at Merrill Lynch & Co. Inc. wrote in a research report.

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- Posted: 2008-10-17 08:43:17

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