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<p>[QUOTE=&quot;wesleyscott, post: 342891, member: 11968&quot;]As much as I would like to see gold drop to $700/oz, and silver to $10 (as I would buy more myself), I still don&#039;t think we will get anywhere close to that any time soon. We are in the early stages of a major bull run in commodities. Not just precious metals, but wheat, corn, sugar, and almost all foods. Even Bernanke says he is not concerned about inflation now (they&#039;ll deal with it later). Continuing to lower the fed funds rate has not helped mortgage rates, they have gone up. And credit is so tight, almost no one can get borrow money anyway. Gold is still very low when adjusted for inflation. In my opinion, it will continue to go up, with a small correction here and there.</p><p>&nbsp;</p><p>Also, gold has not doubled in 2 years. Two years ago it was just short of $600/oz.[/QUOTE]</p><p><br /></p>

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