Gold-Silver Tanking

so...since you're predicting something...predict how far down 'tank' means.

I predict Gold will go over $1850 within 2 months...then fall back to just below 1800 after that for a short while, then climb over $1950 within 6 months...then drop back to just blow 1900...then climb above 2250 within 8 months.

what's your prediction...then we'll compare notes after the fact to see who is full of shite

That's good, but what do you base this on?

Next Tuesday is options expiry, so I would agree they will try and shake the weak hands from their positions. The more important issue is that there is a scramble for physical going on right now (of size) that will not be filled.
Next Thursday we should see some fireworks in PM/s

I find it a joke that we go from risk off to full risk on and today and PM's go down ? I know, I know it's that stronger dollar right ?

Looks like they need to beat another $15 - $20 off of the Gold price for this Fridays stock options expiry to shake some BIG bets off.

Check it out

Look at the GLD @ 170.00 calls as there are 82615 contracts sitting there. They will take them out !

[link to www.nasdaq.com]

I five starred this thread last night because I saw somebody had one starred it without even watching what would happen. Look what is happening today. Chances are it will go back up but to many people on GLP throw one stars and bullshit posts around just for brownie points. It makes me ill to see how many cows have their noses in the cows ass in front of them walking towards the slaughter house. ~sigh~