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<p>[QUOTE=&quot;medoraman, post: 6747765, member: 26302&quot;]Maybe. I know that&#039;s not an answer. The long term trend of all assets in an intentionally inflation based fiat currency is up. So that is the strong headwind. I am somewhat convincing myself $1400 might be the &quot;right&quot; price for gold long term, (meaning its what it should be worth today, and should slowly appreciate from there). Below $1400 I would become a buyer again of bullion, (I still buy gold coins I like). </p><p><br /></p><p>However, the strong tailwind would be how many trillions Washington is printing right now, and want to print shortly. That simply devalues the dollar, and makes it SEEM PM goes up, when in reality it is our currency going down. I said &quot;maybe&quot; because if this continues the devaluation of the USD will prevent it ever getting that low again.[/QUOTE]</p><p><br /></p>

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