Friday, 24 October 2008

Gold again



Gold will fall from 920 to 750-650 in a couple of weeks or months


Gold is now 707.05, Just up from a low of 682. Its safe to say I got this prediction right, although I have to admit i happened a lot sooner than I expected. Here's Bloomberg on the recent fall: Gold Set for Biggest Weekly Drop in 25 Years on Dollar, Shares

Im a bit busy, so I wont be writing much about gold now, but I think buying at these levels looks very tempting from a longer term perspective.

No comments: