Atomic Bob's Stock Forum - The Golden Thread

I'm going to do some waffling - because I know I've predicted $2,000 gold THIS YEAR. But I also think a sizeable pullback is due. Hey, both can happen. 2011 still has almost 4 months left in it.

There's just a lot of volatility in gold right now. No one knows what's going to happen, so it's gyrating like crazy. Gold can't easily climb to $1,900... because it would then either have to pull back and form a very rare triple top, or it would break out to new highs . . . when it is already badly and obviously overbought.

So, that leaves SELLING. IMO, the best bet.

$1,650 gold would not shock anyone.

Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months

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