Realcent.org

The Uptrend in Gold Is Broken, Next Stop Could Be $1000: Don Hays

NOT!

http://finance.yahoo.com/blogs/breakout ... 55307.html

The guy's an idiot. An ex-engineer, so I'm embarrassed for the profession. Actually advising people....

Could paper gold hit a down blip for a moment in time? During a crash, possibly. But the central banks will be buying all the physical gold they can get their hands on at any prices below where we are now.

His only reason for gold to drop to $1,000 is that the stock market in an uptrend. I wondered if it occurred to him that with all of money printing going on that all asset price will be rising.