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Message:: [QUOTE="yakpoo, post: 818120, member: 18157"]Good point :thumb:...here's a counterpoint: Gold may rise in terms of euros or other currencies, but it may not rise much in US dollars terms. The Administration recently began removing liquidity from the markets and they raised the Fed funds rate by 1/4 percent. My "guess" is that the markets (rightly or wrongly) will anticipate more substantial rate hikes after the elections. Markets generally look out 3-6 months. PMs may rise a bit from here, but I suspect we'll see a steady decline in prices beginning late summer, early fall 2010. Prediction: Gold under $1000 by year's end. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie7" alt=":p" unselectable="on" unselectable="on" />encil:[/QUOTE]