(PR-inside.com) LAKEWOOD, CO -- (Marketwire) -- 12/14/10 -- Colorado Goldfields Inc. (OTCBB: CGFIA) provides this commentary as Part 7 of its "Gold Dynamics in the News" series.In March 2010, Company President Lee R. Rice predicted that the price of gold would rise to $1,300 - $1,500 per ounce by year end. In June, the Company reported validation of its predicted gold price movement when gold reached a record high of $1,255.70. In November and December gold prices topped $1,400 per ounce. Recently, gold expert Peter Schiff explained why.To view Peter Schiff's complete commentary, follow this link:
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