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Author: CM001 Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 41315  
Subject: Re: Gold - Updated TA Date: 12/19/2012 2:19 PM
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so I would assume breaking down here assumes a full retest of that level once again.
Did you see Jim Rogers interview with cnbc? He is cautious and talking caution, saying GOLD had not had a meaningful correction (except 2008) in its 12 year bull run. He is thinking a 20 to 30% correction is due.

I didn't had a chance to catch the interview fully, which I will do in later in the evening, but if his prediction is to come true then we are looking at breaching $1500 mark.

You have Tepper, Ben and no inflation money printing on one side and Jim talking caution on other side.

Interesting. Fortunately, I can sit back and wait for this to play out.
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