Gold will be volatile and swinging wildly...$100 per day swings...

Gold will be volatile and swinging wildly...$100 per day swings will not be abnormal due to the lack of liquidity in the gold market. $100 up and $100 down good trading fun. An investors nightmare.

I have bought my gold coins from $300/oz onwards and have been buying some 10-50 gold coins every 4-8 weeks since 2002 right up to June 2008. I have even bought batches of 100 up to 300.

A good portion of my trading profits since 2002 have gone to gold coins.

The gold trend is down it will go to $500/oz.. I am not blinkered nor am I emotional.

I am forwarning potential NOOBS out there thinking this forum has real gold-bug gurus where they read letter for letter the 'gold bugs' rank amatuer extraordinaire every word.. when they urge you to buy gold when the market is trending DOWN.

To the gold bugs[or wannabe's since 2007] in here I have nothing really to say to you. I won't even say "I told you so" when gold hits $500/oz.

I have no views for the masses gross incompetence when you continuously get it wrong.