If the us economy does start to look like the worst is behind it
then gold could indeed fall hard and fast lots of money has been created but it is not movingmuch of that money is just sitting on the banks balance sheets not being moved at some point in time one would think inflation will kick in but look at japan they tried to create inflation for years printing money and the yen just became stronger most of the money created is electronically printed so it is not notes floating around in peoples pockets so it is different to printing notes and sending every one a check , i bought gold and gold shares 2004 paid 420 us $ for gold and most miners bolnisi-gold dominion
sino-gold lihir were taken over i sold kcn ncm but have been trading slr
sold 80% of my gold at 1580 last year i just find it so funny i remember when gold broke 1 k many were calling it a bubble now when gold is 1670 same people seem to think it can not fall more than 100-200 $ many gold miners will be struggling with gold at 1100-1300 when taking total cost of prod in to account wont be much $ left over and they might get nervous and start hedging production again cash cost some miners is 650 then boom total cost 1100 +
so if gold falls 1300 will they be making money well many will but you wont se massive share price increases gold at 2500 $ well thats a different story
cheers
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