gold, page-20199

Thanks, I've posted it here before but one Elliot Wave prediction is as low as $252. No one can predict the future, very difficult with something like gold, but it's fun trying.

The goldbugs insist that society's on the brink, the great crash is imminent, the World economy will be destroyed by debt and derivatives, I've heard it for decades.

I personally believe it is going to $800 and maybe lower, history doesn't necessarily repeat itself but it does rhyme. The charts rhyme, and the Dow/Gold ratio is on the way back up which means it takes more oz of gold to buy the Dow.