Gold price, page-10281

Hui moved up at the end
A positive move for whats coming I hope.

I see the next couple of weeks as some sort of guide to where gold is heading this year.
If the controllers decide to send the POG back down
Then I would take it that this year would be a bit of trading year for gold.

If on the other hand they decide to let it run like last year
Then its game on.

I dont believe that any data makes a difference to the POG.
Other than a short lived spike or dip.

I still think back to before 2008
Gold was around $900 an ounce.
Even at low inflation $1200 is pretty ordinary
Given what has taken place.
I would hope that further inflation could help the POG.
But I think $1350 is a realistic level.
If it does head up then as usual it would overshoot
Before dropping back.

Coal and Iron ore have risen thanks to the chinese.
I would hope a bit of an increase in the POG cant be far off.

Whatever happens it wont be dull.
Good luck to all.

Cheers