B

I cant remember his forecasts , he normally doesnt talk about price projections, more in the sense that the next cycle will be a failed/left translated or not. I cancelled my sub in dec and at the time we was looking for a failed trading cycle as gold was looking weak at the time well it turned around and ended the year strong. So the same thing could happen on the longer term 9 year gold cycle. ie it may have bottomed early and it never goes back to the 08 lows. at this stage I find it hard to see gold going down so hard, Q1 is due a relief rally in commodities which will support gold and from Q2 onwards , bonds look like they will fall apart in some way. All the major currency blocks will be running huge deficits Stg/Dollar and € will all look terrible.

I am not sure why he said on the Howestreet interview that gold might have a failed new 9 year cycle. Again I think he is lumping gold with the commodities.