Sko....yeah it can go down and it went down 20% when GFC pt1 hit, but bounced higher than anyone could have thought on the back of stimulus money swamping the US$'s value.
As there is more of that money being put into sirculation weekly, any downwards pressure will come form a lack of confidence in the 'recovery' globally and it will affect all asset clasees.. paper money more than anything, so yeah in the final shake out nothing will be excluded, as they fight to bail out spain and then italy and france etc etc. you see my point? the fear will drive gold down, but the realisation that there is more dollars and yen and Yuan and pounds and euro in circulation and the debts just got bigger will then make gold bounce like it did from 2008 to now..thats my take on it anyway.
what would make GOLD fall just by itself in isolation I ask!!?? and who is this commontator??
