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Replies to #16582 on FOREX TRADERS
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jrbscrazy

10/27/07 8:36 AM

#16591 RE: Worn_Buffet #16582

Longer term will likely be up, but you can bet that gold will eventually see high 600's again. It will probably take months to fall, but I want to be able to ride it with interest from the top. What it won't do is continue an uptrend as it's currently doing for an extended period of time. Eventually, people and centrals are going to start selling. When they do....gold will tank. Just like it's decent from 690's to 630's...Right now is golds ++ season, once the buying season is over, it WILL go down and i'll ride the interest as well as depreciation.