Price increase?

[crimscrem]

Originally Posted by TempoKing

Unfortunately this time Gold will not be going down. China and India with their almost free market economies will be buying heavily. China in particular are importing more than 30.000 oz. of gold per month. With only half percent of their citizens with ownership of any gold other than gold teeth, I predict that the Chinese will be buying the metal with manic desire. The price...yes the price, will jump to more than 1500 per oz. and I am behaving in a conservative mode.

I'm not an expert on this, but as soon as the dollar goes back up in strength won't the price on gold start coming back down? Of course, who knows when the dollar start gaining strength.