[Mariner]

"$1,200"

Winner.

I originally predicted $1200 by end of year back in July or so.

It may take a couple of months beyond that, but the deflation bug is bigger than the Gold bug this time around.

Cash is the only place to be over the next couple of years...then buy Gold again at about $750.

[BenKenobi]

For those of you playing at home.

I also correctly predicted that the Dollar would strengthen against Gold.

Glad I bought up all the USD I could.

[Sudetenland]

It's been pretty clear for sometime now that the gold vendors and the chicken littles have been pushing the price of gold ever higher. There has never been such a hard sell advertising push on gold in history. You can't turn on Rush, or Hannity or Beck without hearing about how the dollar is doomed and you need to be in gold from the advertisers and from Beck--who seem to be a wholly owned subsidiary of the global panic marketers.

Reminds me of the 70's and Howard Ruff with his survivalism cult. Beck's the Howard Ruff (or Lyndon LaRouche) of today.

[Signalman]

Cash is the only place to be over the next couple of years.

This is exactly what Harry Dent says in his recent book, "The Great Crash Ahead". We are entering/already in a deflationary period, not inflationary. Notice what has happened to the price of homes over the past few years?

Stocks and commodities will go down, cash is the place to be.

[RegulatorCountry]

The only pm I bought I picked up just after 9/11, seemed like the prudent thing to do at the time. It wasn’t a substantial amount but it has done extremely well. I didn’t buy it for an “investment,” it was a SHTF thing, in my mind at least. Hindsight is 20/20, should have gone for it back then. Gold was less than $300/oz.

But, even with the recent declines, it’s still quintupled in ten years, and will have still quadrupled even if it falls to $1,200.

[April Lexington]

Cash is the only place to be over the next couple of years...

That depends on how you define "cash." Federal Reserve Notes under the mattress or some derivative based security like a money market fund or a demand deposit in an insolvent bank or whatever. As for me, I bought AU big today. Just in case...