InvestorsHub Logo
Followers 91
Posts 13604
Boards Moderated 1
Alias Born 07/09/2003

Re: milo3 post# 17183

Monday, 04/09/2012 8:37:42 AM

Monday, April 09, 2012 8:37:42 AM

Post# of 22255
milo3, the price of PM is always a supply/demand issue even if there are dark pool market manipulations. Gold in particular, since jewelry and investments are 100% discretionary. So, I don't discount the possibility that Gold will lose it's mojo and settle in around 1200 / oz but I don't think it will get below that and I still think it has achieved status as an alternative to paper currency where the POG could go to da moon (5k -10k) if they keep going with the dilution solution. jmho

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.