From: BAIRES2 Dear Rick, Great podcast! Thanks. During the last few years you've missed your targeted forecast of $2000 gold. Earlier this year you were suggesting much much higher prices in the miners by year end. Now also seeming to be a failed forecast. How do you explain this? ..........................................................................................................................................................................Rick's Reply...............................................guilty on the $2000 forecast innocent on the much higher this year said ' in the absence of a capitulation sell off, we will see a very gradual, saucer shaped recovery, with higher highs and higher lows, marked by intense volatility. We may be about o hit the capitulation sell off now, that will yield an amazing "dead cat bounce" in January, which could be the start of a determined upcycle. UGLY first though.