Hey CC I respect your opinion and as at the time of writing the...

Hey CC

I respect your opinion and as at the time of writing the price of Gold is $1950 in USD.
For myself though, I have given up trying to work out target prices because it is just too difficult.
All I consider is the broader macro economic environment and look at sentiment in order to give me a feeling for up or down. Fear or greed.
To me it doesn't really matter in that I have an established position and am not a trader. I am in for the long haul and short term fluctuations are merely noise. So far, over the longer term, my sentiments are correct and I believe we will see Gold continue to do its main job of retaining value. That is really all I care about.

As far as price predictions go I am really hopeless at it and have embarrassed myself far too many times for my opinion on price to have any worth.