gold, page-11459

Maybe bring out a chart and and have an objective discussion of why you think technically gold will test 800$ from your predictions
================================
Well here's the chart, the gold bubble burst in 2011 and it's far from over. When an economic bubble bursts it's all the same.

Here's where we're at.......






According to Dieperink, the inflation-adjusted price of gold has been around $400 per troy ounce for the last hundred years. From his perspective, the rise of gold to $1.900 per troy ounce back in 2011 was clearly a bubble. Based on his bubble theory, he expects the gold price to fall by as much as 70% to a level below $500 per troy ounce. The Rabobank analyst made a similar forecast in late 2015. Since then, the price of gold rose from a multi-year bottom of $1.060 all the way to $1.370 per troy ounce.