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Howdee
01-14-2011, 12:28 PM
Ok, right now the dollar rallies and gold is probably heading for an even lower correction. Realistically though, is it even possible with todays money printing and world debt for gold to ever drop significantly, long term again?
Some say gold could drop to $5-600 oz.and stay there,how?

fired
01-14-2011, 12:39 PM
Ok, right now the dollar rallies and gold is probably heading for an even lower correction. Realistically though, is it even possible with todays money printing and world debt for gold to ever drop significantly, long term again?
Some say gold could drop to $5-600 oz.and stay there,how?

Who are "some" and what is there reasoning? What has changed in the last few months to alter the primary trend in the dollar or gold?

yellowsnow
01-14-2011, 12:40 PM
Ok, right now the dollar rallies and gold is probably heading for an even lower correction. Realistically though, is it even possible with todays money printing and world debt for gold to ever drop significantly, long term again?
Some say gold could drop to $5-600 oz.and stay there,how?shouldn't u ask the person who said that?

goldfeast
01-14-2011, 01:39 PM
Ok, right now the dollar rallies and gold is probably heading for an even lower correction. Realistically though, is it even possible with todays money printing and world debt for gold to ever drop significantly, long term again?
Some say gold could drop to $5-600 oz.and stay there,how?
I dont know gold could drop to $600 oz but i am waiting for $1265 .:)

uksilverhoarder
01-14-2011, 02:01 PM
how can it drop that low? far too much demand!

Quagmire420420
01-14-2011, 02:21 PM
Ok, right now the dollar rallies and gold is probably heading for an even lower correction. Realistically though, is it even possible with todays money printing and world debt for gold to ever drop significantly, long term again?
Some say gold could drop to $5-600 oz.and stay there,how?

Can't happen and won't happen; people making those calls are jealous they missed out on the big fall rally