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To: An Old Man
The problem is that there is no logical upper resistance level for gold. At the same time, it is a relatively small cap market and can be manipulated into a big selloff without warning. Gold could well go to 2500, and it could just as easily go to 800. Not for the faint -hearted.
11 posted on 01/01/2011 3:12:40 PM PST by hinckley buzzard
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To: hinckley buzzard
"...it could just as easily go to 800."

If I give you my home phone number, would you call me when that happens. I got a truck load of paper money just waiting for that.

16 posted on 01/01/2011 3:21:47 PM PST by An Old Man
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