RE:RE:Gold price.......Agreed.....
by looking at the charts back in August you can clearly see rates and gold price changed direction. I guess that I didn't articulate that very well. What I am saying is that the gold price decline will be over exaggerated due to the bullion banks exessive short postions, which has no real refection on the fundimentals of the gold market.
My expectations are a drop down to the $1670-80 range. If that fib level is breached then its a back up the truck moment as it would get pretty ugly.