$30 support, page-17

My TArgets are?:

Silver $20

Gold $1400

Inregards to gold, 11 straight years of gains is pretty damn good, and i know its linked to the amount of money supply, investor demand, hedging and all that, but lets not forget sometimes things can fall out of whack. So, there is a chance gold could have a negative year, recharge its batteries and then continue on to the upside.

Alot of smart money selling occured last year. The US debt ceiling debarcle was the perfect wave for them to sell into. Was that all created so this could happen? who knows, but it is possible (alot of money involved in all that circus) I dont reckon gold is low enough for them to get excited about going long again just yet.

All the best.