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Message: What could take price of gold down?

What could take price of gold down?

posted on Feb 22, 2009 08:52PM

Since there is so much optimism here about the price of gold, just wondering what could take the price of gold down.Profit taking?..so far every bout of profit taking has resulted in buyers quite quickly steppping in. Stock market recovery?...can't see any extended rally to test this theory.Plummeting Asian jewelry demand?...don't know enough about this one. Government selling?..I'm more concerned about gov'ts THREATENING TO SELL,creating a (probable) temporary fall. The only thing i can think of is that no one has any money left to buy gold(only half kidding)....do you guys have any suggestions as to what could derail this (short or long term).thanks again.

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