Aden Sisters Up Forecast Slightly

The Aden sisters are long-time goldbugs. Back in 1981 or so, after the 1970s gold bubble popped, they forecasted that gold would ratchet back up to US$5000/oz. In fact, gold never bettered its early-1980 peak of $850 until late 2007.

Nowadays, they're far more measured. They were one of the prognosticators who had a $1200 target for the yellow metal, a price that's been almost reached. Their latest report, as webbed by the Market Oracle, bumps up their $1200 target to a possible $1350.