Woke up this morning and looked at the chart. I noticed the line was heading straight south FAST!. Does anyone have a feeling a price correction is in the works?. I figure a good buy price time might be comeing. (opinions?)
I myself am hopeing for around the $800.00 mark so I can buy more!. When its over $900.00 its a little pricey for me. I guess its just wishful thinking. I would like to pick up another 12-13 ounces to add to the bank vault. I find storage is easyer with gold then silver.
The IMF has one of the last major gold hoards left in the world, and they may sell it [or may already be in the process of selling since it probably won't be announced until completed]. That's the only event out there that I know of that could cause a substantial temporary drop in the gold price. I would consider it a buying opportunity.
Silver is up today. I didn't check gold. I hope we see prices go down a little. I only say that because I want to buy some more
