gold price may avalanche, page-126

  1. 33,791 Posts.
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    grahod,

    I still think the POG will crash, may end with a whimper, but I doubt it, history tells us otherwise. In a

    Irrationality has no limit, in a crash gold could fall to $450, but I think it would end up at maybe $700, that's about the inflation adjusted number.

    The DJIA is ahead of gold by 16% in the last 3 months, I wonder how long before gold punters and hedge funds lose their patience?

    What happened to all the "gold's going to the moon" posts? A dose of reality finally setting in, the tone of the posts here has altered radically in the last 3 months.

    Gold formed a double-top at $1900 and is probably on the way down.
 
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