Anchor....the prediction of a commodity is just that a prediction based upon economical data sets and trends in inflation factors. Needless to say I think there are powers above us that limit the upward movement in Gold, as well as all other metals..I think they are call the controling "Governments of the World".
With all the debt this Country has it 's currency is volatile and therefore looses purchasing power in the World markets. There are huge international plays that effect the dollar almost every business min. Will we see 1987 again with Gold over 800.00 Oz? I do not think so..I do think we will see near to mid term 500.00 gold, $1000.00 Platinum, 9.50 Silver and 200.00 Paladium. I see the powers to be holding a upper threshold for the metals to keep their currency solvent and not to hyper inflated...read the articles on Kitco's web site and you will get 3-4 different perspectives...set your profit limit and when reached..sell and run like the wind!
RickieB
