i thought it was 1.22 was even the longer term target. i think next year so we can all buy at that price.
PANIC SELL CRASH approaching, it is now a TECHNICAL INEVITABILITY, and this GDX mega-bubble is going to see prices BELOW 5.00 by the time Xmas arrives, if not worse!
Just 2 minutes before this post, you posted that it's going to 80. DUHHH!
Sentiment: Strong Buy
biggest crooks, financial terrorists sitting in New York Wall Street.
1) Gold is down only in dollar term. It is doing fine if you are European, Japanesee, Indidan......
2) Miners, many of them are foreign based or operate overseas. Their earnings are just fine.
3) Who is selling gold down here. Answer : Wall Street and their paper gold. GLD holdings went up 3 tons yesterday. So there is real demand at this price.
4) So much gloom and doom in the gold patch. This downturn can not last. Weak hands are done.