[politicket]

gold crossed $1500@oz. I expect gold to be $2000@oz by year end.

Don't count on it. Gold (and silver) are commodities, nothing more.

Look at other commodities, like oil. They are going down at a pretty regular pace.

Expect gold and silver to correct downward in the coming year.

[ckilmer]

Its a supply and demand thing.

Gold responds to supply and demand just like oil.

Right now there is a huge central bank demand for gold.

[ckilmer]

Its a supply and demand thing.

Gold responds to supply and demand just like oil.

Right now there is a huge central bank demand for gold.

Here’s a freerepublic article on chinese gold buying

http://www.freerepublic.com/focus/news/3769959/posts?page=34