Unless I missed something while away, gold hit a new high of about $1,895 this morning.
I expect the next wave of selling to kick in at $2,000. The best bet is that it will be a severe one, lasting up to six months and bringing gold down as much as 20 percent... to $1,600.
Only my opinion, and we all know what they say about opinions.
Gold's trend is alive and well.
