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Thursday, March 10, 2011 10:25:15 AM
Mr. Koo has assumed that gold will reach $1,600...He knows damn well that gold price will reach far beyond that...he's just giving a small $1,600 number so that no one will prove that he's wrong in the future...That is a very smart move...I would do the same with my guess too... Sometime in business, it's better to underestimate a value of a certain thing. Sometime, it's better to estimate certain forecasts...and when the good outcomes arrive...and far exceed what most individuals have been expecting...it will make the person or company look pretty good with their previous predictions or forecasts....
- Go EMLL
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