[Eagles Talon IV]

I agree. The increase in gold is nothing but a momentum move and is being fed by speculators driving the market up. What will happen here is what always happens. T he novices who believe there is no ceiling will pour their money in and the pros will sit back and when the time is right will begin selling into the fever. When they have taken their profits the short sellers come in, spread a rumor or two and once the price breaks lower the newbies will panic and a blood bath will ensue.

I predict gold at between $275-325 oz. within 1 year

[nopardons]

I never make price predictions, but your first paragraph is spot on! It's the way it always has and always will work.

Do you remember the Hunt brothers and silver? LOL

[Mulder]

I predict gold at between $275-325 oz. within 1 year

Maybe, but not likely. If so, it will be a buying opportunity.