Hi bluegold,

As far as trying to predict the price of gold in terms of the U.S. $, you may be correct.

However, I stand by my own observation as stated yesterday thus:

"As for gold, it reacts to financial stupidity; no more, no less."

Don't get me wrong, I'm not holding gold and silver to compete against the U.S.$, but to protect myself against those that are causing the demise of it and other FIAT currencies.

Gold is my insurance policy against "lack of value".

I do not hold it as an investment, to make money.

Good Luck to all!