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** financial sense - us$450 gold In this week's Financial Sense News Hour broadcast, one of their experts is predicting a correction by gold to maybe as low as US$450.

The argument is there are still too many gold bulls out there and not enough pain.

As the argument went, the Fed wants to halt the interest rate increase cycle.

The Fed will not do this with gold near US$600, US$60 oil and high commodity prices. So the argument continued that these are all due for a tumble - maybe in conjunction with new fears next month, that will prove to be incorrect, that Chinese growth is significantly slowing.