This is a normal correction after a sharp rise. The same thing happens in other markets.
By this time next year, gold will pass $1600, with silver in the $30 to $35 range. If the government keeps flooding the world with FRNs, those numbers will be low.
just before a local coin auction, last sunday, we were discussing gold futures. There were bets it would hit US$2,000 in two years for gold bullion and 12 months from now, the same US$2,000 for gold content in coins
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