RE:RE:Not looking good
the last time gold hit 800 per oz was feb 09 one yr after 08 crash w hen the world dissolved around 30% of its value and people walked away from their homes , and u.s debt showed no signs of recovery , and since then numerous QE programs and an escalating debt that is over 18 trillion and not cng down any time soon . gold has been in a bull since 2005 with a correction in 2008 and in 2012 with the latest drop from 1300 o 1200 lately . If gold were to drop to 1000 i would say it is a consolidation not a bear market unless 800 gold was reached , we have a long ways to go yet. we are a healthy bull market in gold