wes mantooth

Gold Set for Huge Rally

Some of the same people that bought gold at the beginning of this bust are now selling it to make their mortgage and increased tax payments. Gold will not break it's high until inflation takes hold. That's not happening right now and probably won't happen until 2010 at the earliest. Gold is currently in a trading range and I wouldn't touch it until it takes out at least $1,050 an ounce.