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in response to langosta's message

Brought this over from a Stockhouse poster. Just for general interest, not my own opinion.

http://www.munknee.com/2011/09/have-faith-these-140-analysts-believe-gold-is-going-up-to-at-least-3000

As long as governments keep trashing their currencies, gold will continue to rise. Not sure about a parabolic move though. Those things are scale dependent anyway, and if you pull up a long-term chart of gold you already have a clear parabola in place. That said, you also have a clear bull trend in place with $1000/oz being the lower boundary. Good luck pushing it back down there though - Central Banks are the new floor under gold.

ebear

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ebear
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