Gold is the similar circle that was in OCT 2008. Will it break up or end down.
We don't think it will break down. It will get to $2000/oz in a year. (only in US $, no estimates in Indian Rupee)
In 2008 crisis US had to print another $5Trillion and has now ended in $16Trillion debt.
Today it is no different, we need $4 Trillion more in the next 4 years.. Gold has been down 20% since Aug 2011 and it is expected a big move. probably to upside. Wait for confirmation in the next 2-3 weeks. It has to produce a weekly bar in the weekly chart below.
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