Egon von Greyerz expects $2,000 gold and $50 silver by end of March

http://kingworldnews.com/kingworldn...l_Trade_Above_$2,000_by_the_End_of_March.html

I'm taking some notice of this von Greyerz guy. Even if his price predictions are off, he clearly identified the trend. This is what he said on February 17:

http://kingworldnews.com/kingworldn...Begin_a_Major_Advance_Starting_Next_Week.html

 

That makes him and turk now, nice to see some numbers on the line

 

Decent drop today. To buy or not to buy...

 

Some people seems to think bad economic news mean PMs increase... but it does seem to be the opposite.

 

I think if your going to make predictions and go as far as putting prices and dates in your prediction you better be ready for some flak if your wrong.

Thatguy: Yea it's interesting there seems to be a fall in precious metals at the announcement of printing in the Eurozone seems to trigger a sell but QE in the U.S or even the hint of QE seems to trigger rally's is this a symptom of total market confusion at what prices should be?

 

You've answered your own question. You won't because fear of a further drop prevents you from doing so. That's why dollar-cost-averaging is your best policy, you don't have these do-or-die decisions to make. Just buy an ounce or two every set period, no matter what the price is.

 

Good call.

I bought anyway.