US Dollar is weak but gold is great. We predicted the rise of gold to 1200 so did everybody else. That was easy to see coming more than a year ago now the next move is $1500 or above. Of course some investors have been dead set on gold hitting $1500 real soon.
We think that gold will climb some more but could see a few people taking profit to lock in their profit. If gold does retreat to any lower level we will see even more massive buying.
Well we are close to our TARGET OF $1200 GOLD. However,So many other things are falling apart, the housing market is very weak, even hotels are facing foreclosures. Car factories are slow,parts for cars is just as weak. Consumers are buying some electronics goods such as computers .
However is gold up.
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