Detailed text transcripts for TV channel - CNN - 20100512:18:03:00
Today. >> wow. okay, what about you, frank? >> i think stephen has very great advice, short term it's easy for gold to have a correction. but long term, over the next five years, if it grows at 15% a year, it will double. and if it gets to $2,600 an ounce, that will basically be that inflation-adjusted price of 1980. so, i don't think that that's, you know, a spectacular high-risk move. >> now, here's the thing. what's happening? i guess for anybody who's about to do this, buy or sell or thinking about gold, stephen, what do i have to think of in terms of the entire world and why gold is doing...