$1,900!

[slickeast]

We certainly had not approached a "blow-off top" but the media will try and paint it that way after today. Gold down $30 pre-market, and this is before TPTB step in to accentuate the effect with massive selling (as they did to silver May 6th). Could see a $100 dollar gold down day engineered to disillusion the late-comers and weak hands in the game. If they do so, don't be surprised if CME piles on with another margin hike... even in the face of the market retreating.

The media just straight out hates gold. Always telling you to sell it. Every time it reaches a new level they tell you it has peaked. Heard the same at $1500, $1600 Etc.

They always try to direct you to some sort of stock and using a bunch of stock market terms and tactics that most people don't understand to try to convince you stocks are the way to go.

[gilpo]

Gold and silver will continue to rise and fall in the short term due to the day traders and market manipulators. However, you can't ignore the fundamentals of why gold and silver are trending up over a long term period. Until the world economic system moves to sound money (backed by PM's) and can't print anymore, it will always be bullish for PM's longterm. Hold and hold tight.

[Mossy]

Fiat money is like cards in a game. The cards have value while the game is going, but they lose value when the game is over.

(Except collectables, of course. Nothing sane about collectables.)

The winners are the ones who turn their cards into something the gov't and the mob won't/can't seize early enough to get through the mess and late enough that they had cards to gamble with while the game was being played.