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For the next few weeks or months, analysts will likely refer to the latest rise in the gold price, which started today, as the GATA RALLY. As some of you know, this Thursday, the Wall Street Journal will carry a full-page advertisement paid for by GATA. The headline of the article will read: “Anybody [...]  After reaching a record nominal high of $913, gold has since retreated $33 to around $880. This quick drop was enough to sway sentiment and have many analysts talking about a correction in the gold market. This view is understandable, as the gold price has added $250 since September and roughly $100 in the [...] I can’t help but to think that I am setting myself up here. There are so many variables that could throw a wrench into my predictions and tarnish my flawless reputation (cough). Nevertheless, I can’t help but to jump into the 2008 forecasting game and give my readers some ideas for what I believe [...] |
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