Why Gold Is Going To $800

This important chart indicates that gold is ultimately heading to $800. Gold’s relationship with the consumer price index (CPI) is an important measurement of the “fair value” of gold: In a June article, “Gold: Is The Bad News Over?” Mark Hulbert of Marketwatch brought attention to an important measurement of…

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Gold at $1100? Try $980 THIS Year!

A month ago I speculated as to how low gold prices will go. I came to the uneasy conclusion that the $1100 region was a likely target for gold. A few days ago, Goldman Sachs came out and said that Gold could hit – get this – $1050 an ounce…

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