Gold Is Going to 1300-1400 An Ounce Within Months

[SounzNice]

Good call on gold! Based on charts and other economic future factors, I think Gold will continue rallying like it has the last several years for many more years.

[kardentyrell]

well it's up to 1300 =]

[Outboundz]

its show that man has influence in the dollar:P

[abbesieyes]

A trend is nothing more than 6 points of subjective data in a given time frame. Not a very high bar to hurdle.

If you can't measure potential, you will consistently lose money. Trends are back seat driving.

Everything is based on the natural year.

If you wish to know where the market really stands...divide any index by price of gold and price of oil by price of gold.

Note that TraderMike kept you in as futures hit their yearly max mark. Ooops.

[zoidbergfuturama]

Lol what the hell? bet you're a robot

[guslingus]

hell yes

[haarstad88]

ROFL!:D wtf!

[DillonX]

Be careful when too many speculators enter a market, We recently saw this in RE where ppl in Cal purchased just with the hope of a flip

Gold, unlike Silver, has few uses. In fact most of the gold produced has traditionally been used for only jewelry. But now it looks like this year we may be reaching a point where the amount purchased by those speculating it will go up will exceed the amount used for jewelry as more & more consumers are switching to silver & platinum over gold. Be careful

[biped19]

@DillonX

You make good points. Among the few uses, gold is an excellent heat reflector & the most corrosion resistant. It is is scarcity & high cost for industrial use that lends to its limited value. Silver on the other hand provides better electrical conductivity, at a fraction of the cost with greater overall abundance. It is this dependence, excellent properties, that makes silver a winner!

[Banez1991]

months? .. i think itll be alot faster then that

[pipercolt1963]

@Banez1991 Bane, looks like you and all your other Gold Bulls got crushed. But then so did us Nasdaq Bears.

[johncoolj]

whats the max price you can see gold going too

[epilogas]

There's no top, because currencies are worthless. Worst case scenario for gold- E2400 at the end of 2012, IMO. Dollar is going to collapse. I can see gold $1400 by March.

[AizenSosukeful]

yeah thats what I think, no value in currency, but could be measused in goods like 4 cows for an onze of gold or 8 pigs and such.