OTCPK:CFMSF - Post by User
Post by
jermiah777on Sep 22, 2013 8:34pm
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Post# 21758719
Where is the Price of Gold Going?
Where is the Price of Gold Going?
That is the crucial question. If only we knew for sure. If the 1198 price of Gold a couple months of gold is the low, and Gold is going to start back up towards 1500, then Clifton is a strong buy. But, my concern is I am not so sure. When you at the 10 year graph of Gold, it climbed steadily since 2006 with the exception of the financial meltdown late 2008 that brought gold back to 700 or so, but then it climbed all the way back to 1900 over 3 years. But now it has steadily declined except for some occasion climbs back up, but only to go back lower. So the next few weeks will decide. If Gold goes below 1300 or 1250, it will signal to perhaps many around the world that it is still in a long gradual decline and it will break through the 1198 LOW. Perhaps going down to 1120 or 1100 If that happens, that will be the time to buy CFO, for I would venture a guess, that CFO could be purchased for 17 cents. But, like I mentioned, if Gold keeps climbing, then this may be the low. If only we could see the price of Gold for a certainty 6 months into the future......