gold breaks out of downtrend, page-24

SKOL WROTE

Ophir,

Whew, thank goodness that's over, right, now you can start talking about $20,000 gold again.

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if we stop talking about gold going to $10,000+ (that dosent mean we will stop saying gold will get to $5000 or $8000)
, will you now stop saying gold to $800?

because when you say gold will fall to $800 or so, and you give no facts to back up your 'theory' it makes you look more silly that people that say gold $10,000 and actually give facts as to why they think it will go that far.

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I know you think gold will fall to $800 or so because that is the production cost, or approx that price, right, thats the only thing of any substance you have to justify your bearish price for where gold should be trading in your opinion, right? (your biased bearish opinion,that is)