Quote Originally Posted by airedale View Post
Hi Arco, pog was over US$ 900 a few short weeks ago. With this volatility the grey box in the bottom right corner is possible. But it is hard to predict. The US printing press must keep going, so where does that take gold.
We will see much more deflation in the POG before we see inflation.....the money handed out already by the US Fed and US government barely scratches the surface of what has already been lost in the credit crunch.