My non-expert opinion is that gold will only correct within the...

My non-expert opinion is that gold will only correct within the bull cycle. It will test that 1650-1700 area where the 3 year trend-line support is. It will touch this and off to 2000 before it backs off again. I think the DOW is about to take a tumble, should start next week? European countries have stopped allowing shorts? This I think is a damage limitation measure for the global market deflation to come. Gold should fare OK, silver not sure? Reckon that the technical resistance 50:1 silver to gold ratio will be touched, currently 45:1. In about a month or two when the people are panicked enough the US Fed will start some sort of QE3 initiative which will turn things around. Gold should be 2000+ by the end of the year and silver 70. I think we might get a string of credit down grades in Europe to kick off the market slide coming. All my opinion and may well be wrong. I am thinking the US DOW will touch either the 10000 Fibonaci level or the 8500 Fibonaci level.

The gold bull market has way more to go.