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Re: 20nout post# 7629

Wednesday, 04/17/2013 7:38:52 PM

Wednesday, April 17, 2013 7:38:52 PM

Post# of 37919
In the next week, anyting is possible, but I predict a 10% rally or more in gld by august, and then I think we drop a lot more, but would not bet on that.

This big a drop, you have to get a reflex rally, is normal. Also, too much bearishness, leads to a rally.

Gold will rally to $2400 in the next couple years, but likely it will fall to 1200 first.

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