Peil laughs all the way to the bank

Latest Gold Price 1347.50.

Could it reach 2000 soon?

 

I think it drops back below $1200 for sure in the short term, its gone too far, too quick.

 

Yes it is partly a cyclical thing. It always goes up between september to december then falls sharply by february.

 

Its my silver thats making me rich, Not my gold. Still waiting for silver to get back to a 17.5 to 1 ratio though. I think we are at about a 58 to 1 ratio now.