gold price may avalanche, page-15

  1. 33,869 Posts.
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    I doubt the Euro will collapse there's too much at stake.

    Will Iran be attacked? Probably not, that's been on the cards for years, lots of agencies will be working to implode the theocracy from the inside.

    QE? No. Jobs numbers are looking good in the USA, USD is up, and even where I live I'm detecting an improvement in the overall economy talking to the locals.

    The economic winter as some call it has been predicted for years as have heaps of other disasters, but they haven't happened so the future for the POG is pretty bleak.

    In the WSJ the other day the only index worse that gold for 2011 was international shares down 12.3%.

    My prediction is that there's going to be a rally in equities, could be huge, and the big funds will sell their gold to get in on it.
 
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