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Merrill: Bullish on Precious Metal and Agnico-Eagle as a Result
Gold prices will continue to rise and Agnico-Eagle Mines Ltd. (NYSE: AEM – News) should be all the richer for it. According to Merrill Lynch’s Michael Jalonen:
“Given our expectations for bullion supply-demand fundamentals to remain positive over the medium and long term, we are raising our 2008-2010 gold forecasts from US$650 to US$675/oz, US$625 to [...]
