Gold Prices Volatile, Eye $1,300

goingbroke

Nadler called a time top in gold saying that in the next 12 months gold's 10-year bull-run will come to an end when investment demand cools. "It's possible that this market ... has anywhere from $50-$100 worth of life left in it." This would put gold prices at $1,360-$1,380 an ounce.Text

TWQG

Nadler has been so consistently wrong that I don’t even bother reading him for a contrarian viewpoint.

pmcollectour

<< <i>Nadler called a time top in gold saying that in the next 12 months gold's 10-year bull-run will come to an end when investment demand cools. >>




Is anyone "investing" in gold ? Or are people going to a safe haven in gold ? People are getting out of the stock
market because they see it as a fraud. People are going into cash/gold and other non stock market choices as a way
to preserve what little wealth they have left.

And if you were standing in a crowd of 100 people, I'm sure you and only one other guy would have a big holding in physical
bullion. The rest of the common folk could care less about "investing" in physical bullion.

mrearlygold

13 is an unlucky number so when it hits $1300, it will HAVE to go to $1400+

roadrunner

Nadler has been calling for gold to hit $600 since August of 2007. He just happens to call for every peak to be a new top because he has no other choice since he's been wrong 4 yrs running. Has to be about the worst track record going in gold. Kitco picked the right guy for the job they need done.

roadrunner

Spooly

I don't know how he keeps his job. Weird writing style and bad humor.. he sucks.