Goldman Sachs predicts 3 month Gold Rally to begin resulting from the Debt Ceiling fiasco. Their target is $1830 range. I certainly concur and expect rally to begin sometime in Feb. I bet my kitchen sink that if you buy today and in three month you should make at least 50 - 75%. There are number of reasons why this is so for GCU but the biggest reason is technically and fundamentally we are way Oversold and I expect a rebound to be sudden and compelling.
If I'm wrong I owe you guys a beer. I'm in the usual watering hole at Beer Bistro in Downtown Toronto on Friday nights. If I'm right, you can buy me a pitcher. God Bless the Longs.