is this the start, page-7

I attend the same school of thought as you Skol. If the USA start to emerge from the economic doldrums in 2011 then gold will retrace under $1000. I see this as a possibility given some recent consolidation there and a change in economic perceptions. It will take ages to turn around the property slump but as in the early 90's slump, cheap property is a huge incentive for people to save and work harder. After the huge S&L debacle that wipe out millions of peoples savings, what followed then was the biggest postwar boom. I see the potential for the same.
There are no certainties but to back a negative economic outcome going forward is to fly against all historical precedents. We have always risen above our problems. One day we wont for sure, but why bet on it this time?