LSU0358 LSU Fan Member since Jan 2005 6134 posts Online
re: Just for fun, Where is bottom for GoldPosted by LSU0358 on 5/20/13 at 8:06 am to Vols&Shaft83
If it follows the 1981 decline, which interestingly enough it is close to doing a dollar basis, I'd guess 1100 to 1200.
In 1981 Gold fell approximately $600 from it's peak in a two year period, then rallied ~$250. We've about completed a fall of $600 in 22 months. A nice rally to the $1500 level could occur. After that a fall to ~$1200 would be my guess.