Gold already predicted to drop to USD1500-1600 and then surge back to USD2000-2200 by year end.
Bloomberg interviewed some analysts and that was what they predicted.
But i would take that prediction with "a pinch of salt" ......
2011-09-24 10:02
patience
hedge fund forced sell their position or take profit to cover redemption and cash calls on losses in equity, commodity and currency speculation !
2011-09-24 07:42