"gold ... above $2,000 by the end of march", page-8

  1. 11,138 Posts.
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    the way the economy works nowdays is WHEN europe collapses people will flock to the "safety" of the US$ and commodities priced in US$ will fall, copper etc... will fall the most in this kind of scenario but gold will also fall, probably between 5-10% as the US$ strengthens as people rush out of the Euro into the perceived safety of the diluted US$.

    But when the Europe disaster moves to the US, than watch out, as the US$ weakens, gold will be $2000 easily.

    But as Greece and than Portugal and spain and eventually Italy collapses, gold in US$ will probably move lower Short term of course.

    im sure this will make skol happy, but sorry to dissapoint you skol, Long term gold wil go as high as the US$ will go as low, its anyones guess , all depends on how low the uS$ goes.
 
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