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GOLD - going to rally 100 points to $1600+

PostPosted: Mon May 09, 2011 9:00 am
by Market Harmony
This will happen by June 1.

I have my reasons, what are yours?

Re: GOLD - going to rally 100 points to $1600+

PostPosted: Mon May 09, 2011 9:25 am
by CU Baker
Margin requirements for buying silver futures could bring money over to physical gold until the dust settles.

Re: GOLD - going to rally 100 points to $1600+

PostPosted: Mon May 09, 2011 10:14 am
by Lemon Thrower
i think it goes there but am less sure about when. we have the euro scare mongering and ostensible end of QE2 supporting the dollar in the near term. potential military adventures in MENA also put a bid under dollar assets. not saying it won't, just that i won't be surprised if it takes longer.