As unpopular as Sabretoothed is, the trend is strongly down, TA puts it at about $860, but with weak buying from India, will the seasonal kick in? If the seasonal run doesn't kick in and the price just range trades in the $850-$950 area then I think we may very well see capitulation selling, pushing the price to $700, then lower. Sure miners will go bust, and ultimately that will be uber bullish for gold in a few years time, but this is one scenario I have been toying with and right now seems far more likely that newer highs in POG.
-Cluster
* Before I get flamed, I am holding gold and not selling, my bet is long term, my resolve is strong.
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