Definately, I expect gold (and silver) to appreciate once more following this pull back. The drop in interest rates in the US and increasing inflation concerns are likely to drive this increase along with a growing sense of risk aversion.
I would expect the next leg up to start in the near future and certainly be well on the way in six months time - but then, if my predictions were always accurate i'd be sunning myself on my own island and not still here on this site!!!!
L
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