will begin a crash just like oil and uranium, page-146

  1. 229 Posts.
    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.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.