Why Spot Gold Price Should Fall
2009 December 11
It’s the late 1970′s/early 1980 again! Investors that get in to gold now will have to wait for years after the coming gold correction takes gold to where it should be: $650 to $750. It’s the speculators just like what happened to oil last year. When the big money starts to dump gold the ETF’s that hold it will have to dump fast, there will be panic redemptions. The gold bugs will have to go back to hibernation again!
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I’ve been waiting to get in the game of gold. My timing is NOT good.
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