gold price target $600, page-7

Its like a tornado. We have weathered the bombardment but are currently in the eye. The US will cop the second half in the not too distant future and it will be alot worse than when it originally hit.

The price can get pushed down and pushed down but eventually when the herd mentality subsides and people realise this is a false recovery.

GDP numbers revised down for the first quarter from 2.5% to 1.8%............ And they are talking about tapering.......

I think the printing has a while to go yet and the key will be US house prices. Once Americans get back to positive equity mark my words inflation will go through the roof and then they make the choice. Raise interest rates and print more money to pay the debt or civil unrest due to huge inflation.