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Why Peter Grandich is still telling his wife gold will hit $2,000/oz

Posted on 17 May 2013

A year ago, the technical picture suggested that the market was coming to a major change that could have been several hundred dollars up or down. My brain said it could be down, but my heart said up and I stuck with my heart.
Even after this takedown, I still don’t believe that the secular bull market that’s been ongoing for 12 years has come to an end. I still believe we’ll have a two in front of the gold price before it ends. We’re going to have to get to $2,000/ounce ($2,000/oz) before there’s any decision on my part about the end of the bull run………………………………………..Full Article: Source


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VRS - who has written 37718 posts on Opalesque Commodities Briefing.


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