Every gold bull i see is slobbering from there jowls. As Buffet says, fear when there is greed, be greedy when there is fear.
As far as I am concerned we could see an ABC correction from the peak down to 500. If she breaks 500 I give up.
Idealy wave C would be held at 500. If wave A breks 500 look the f... out. Wave B is correction in the ABC decline.
Look at this, its great site with prechter talking gold silver etc bonds deflation depression
Gold, Silver Bear Market Forecast - Prechter on Bloomberg - March 2008
on ..... http://www.youtube.com/watch?v=9KbMFlSDGmw&NR=1
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