<< ...with gold at $1,400 later this year... >>
I'll take your word for it. I stand a better chance of guessing the Powerball number than predicting the price of gold.
Seems like there are just too many people predicting great things for gold. What used to be a bandwagon is now a full-fledged parade. My inner contrarian says anytime the herd goes left, make a hard right.
Of course, if I listened to my inner contrarian I would've bought puts in the Fall of '08. Needless to say, I didn't.