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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: rubbersoul who wrote (55174)1/10/2008 10:16:20 AM
From: Claude Cormier  Read Replies (1) | Respond to of 78410
 
I don't know about exact timing. But I feel we are due after the current leg. The later could carry us into $950-$1050 or possibly much higher as J.T. is suggesting. I have no problem for $1500 to be reached this year, in fact I think the probability is good.

But it is always hard to have acurate forecast in gold. The only thing we can have confidence in is that after something goes up big time, it has to correct the move before it can go higher.

Since the first 7 years of this secular bull have produced positive results. We are due for a negative year. In my opinion, it will be 2008 or 2009.