The trendy forecasts of $3,000 to $5,000 gold and $75 to $500 silver is starting to abate now as the reality of commodities and trading starts to take hold. So many have tried to blame HSBC, JPM, GS, "insiders", the "Crimex"(COMEX) and loads of other conspiracy theories to allegedly keep the price of gold and silver suppressed. This could indicate that the bubble is here. Be careful investors you may be holding the bag and it may not be so precious after all!
Notice King World News has a recent interview of a lower price outlook for gold here. The ceiling is in and the debt ceiling is about to be raised along with interest rates. The markets are set to take everyone down. There is no SAFE HAVEN in the economy!
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/7/29_Richard_Russell_-_Gold_is_Showing_a_Price_Objective_of_$1,880.html
