RE:RE:Price targets are useless as you should knowTad we talked about 8 or so years ago I think it was on Century Mining, Paramount and Grenville boards. The very old stockhouse boards when they changed lost my account so re registered a few years later. Remember the other old dude as well you used to visit. Never the less I am educated in èconomics and for the reasons I gave earlier gold will march time for at least one year as the flow of money will go into U.S. treasuries with higher interest rates and just the idea of it has been a sell off in gold for several years now on anticipation.
That anticipation has been elevated since the FED speak has been hinting it. You should also note that China has slowed it`s gold purchases and will continue to do so until we reach bottom. I do acknowledge though gold has been oversold but gold offers no coupon or does it bear interest, U.S treasuries do. here is your proof in the pudding.