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Author Topic: Gold bubble  (Read 2041 times)
BitcoinStars.com
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August 09, 2011, 11:41:50 PM
 #21

Gold is not in a bubble like Silver was up to its April high.

However, Gold will still experience a major correction down into the 1000-1400 area, and possibly into the 680-800 zone.


Hi. What kinda timeframe are you looking at?

1300-1400 within the next 6 months, 1000 within the next 1.5 years.

The big players have been short the mining stocks so it's a very reasonable lean
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Kermee
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August 10, 2011, 05:43:13 PM
 #22

We touched $1,800 USD/oz. today but it's fallen back to +42.12 @ $1,782.12 USD/oz...

Cheers,
Kermee

TraderTimm
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August 10, 2011, 08:43:35 PM
 #23

We touched $1,800 USD/oz. today but it's fallen back to +42.12 @ $1,782.12 USD/oz...

Cheers,
Kermee

Yep, currently at $1,793 on August 10th. Bet we see $2,000 before year end.

fortitudinem multis - catenum regit omnia
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