Gold Low of Lows or Just A Low?

Putting this all in perspective, we are not quite ready for prime time. I would not say we forecast the “low of lows” but just “a low” in this process right now. This was simply in line with the closing above 1044 for year-end and our call for the Euro to rally back to retest 116. The end of this fiscal tragedy is not too far away.

Gold Low of Lows or Just A Low?