Sunday, July 17, 2011

Will We See $1600 Gold Tonight?

Will This Cost $1600
Globex gold and silver trading opens in 5 minutes.
As the Euro has already placed a new all-time low today vs the swissie on continued euro debt fears, gold is shaping up to make a serious run at $1600 tonight.
Will we see gold cross the $1600 threshold (a mere $50 from Sinclair's original $1650 call) within the next hour?


$1599.70.  So close you can smell it!