Gold can still hit about $1133 before exceeding the 2%/day upside rule first noted by Bill Murphy I believe. Silver has already hit it.

You know, we...at least I, forget what was said a few years ago by people like Jim Willie and many others. It hasn't changed all that much. I happened across some old Willie article from 2006 and it made me think not much has changed re dire prognostications.

Being impatient and somewhat impulsive by nature, and being a pig-headed gold bug (rather than a bug-headed gold pig) I have always repressed those little cautions that Sinclair and Murphy and so many others have always espoused: "in the months and years to come".

Marc Faber seems to have it all put together. He thinks that it will be a few years at least, before the $US really hits the bottom, although his predictions are dire; buy land, gold and food. With all those $ that the US is printing and will print...the party still has lots of punch left in the crystal bowls. Not good for gold bugs with crystal balls...if there are any left? I guess I will still be suspecting that the alcohol in the punch might really be anti-freeze when one least expects it. Don't drink until you see what effect t has others.