Good analysis,gold will always be gold,there is no debt on it as contrary to the $.Bull market in gold will finish one day but it maybe the day when Dow Jones will be at 4000.What will happen then to gold? Probably it will be much lower than today,but it will keep moving up from now on and support might be near,I see the gold will reach it's high by December as speculators will stay away from stocks and buy everything gold,only what this high will be I can not now but it might be anything between 700-1000 as I don't expect demand to be at more than 1000.
-
Good analysis,gold will always be gold,there is no debt on it as contrary to the $.Bull market in gold will finish one day but it maybe the day when Dow Jones will be at 4000.What will happen then to gold?
Aug 15 18:29 pm
|Rating:
0
0
All Comments by MarkMedayski »Predicting the Bottom in Gold [View article]
Probably it will be much lower than today,but it will keep moving up from now on and support might be near,I see the gold will reach it's high by December as speculators will stay away from stocks and buy everything gold,only what this high will be I can not now but it might be anything between 700-1000 as I don't expect demand to be at more than 1000.