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Gold/Mining/Energy : Gold & Gold Stock Analysis -- Ignore unavailable to you. Want to Upgrade?

To: ecrire who wrote (7518)	8/9/2007 6:00:08 PM
From: SwampDogg	Read Replies (3) \| Respond to of 29622

I'll bet you a cyber buck that gold prints $800 by US Turkey Day

To: ecrire who wrote (7518)	8/9/2007 6:23:28 PM
From: Sawdusty	Respond to of 29622

"Central bank liquidity injection is necessary when credit conditions are such that Banks lose confidence in the integrity of each others paper. I think what Sinclair says is as credible as his $1,650 Gold forecast." It's also necessary when there is a global meltdown of the financial markets, much more likely to be the case today than worrying about each others paper, especially when they are working in concert. For me, at least in this situation, I respectfully disagree with your hypothesis. As for $1650 gold, I sure don't know, but others have forecast much higher. It's certainly not part of any plan I have, or a number that I see necessary to make dollars, but I consider the current price to be low given everything that has taken place over the last few years. We'll just have to wait and see.