gold will trade $3,000 - $5,000 in 2012, page-3

  1. 33,866 Posts.
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    spanners,

    Back up the truck then and keep your fingers crossed.

    If you listen to these 'psychics' that push gold all the time you deserve everything you get.

    Von Greyerz said on March 6 2011 "Investors should exit the dollar" (USD Index up 6.5% since then)

    "Investors should exit bond markets entirely if they want to avoid a total destruction of their assets"
    (USD bonds mostly up the last year, about 8% for some)

    "We are currently seeing a dead cat bounce but but we expect the Dow to decline a further 90%, at least, against gold in the next few years.
    (Gold up 9% in 2011, DJIA up 6%)

    Good luck spanners, relying on a no-hoper like that you're going to need it.
 
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