August 19, 2010 Gold could = might make one more top. This aspect is unclear to me right now. If it doesn't, then of course, June 20, 2010 is the top. I will update this aspect if/when it clears up. But, that a massive bearmarket is coming or has already come since the June 2010 top, is quite evident to me. Gold long-term bearmarket target = $250, possibly lower, the lower target will be provided if necessary, when we get there.