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Vendot · 12-21-2011, 10:03 AM

A lot of analysts are seeking a strong dollar in 2012 due to the euro crisis, as well as a lot of asset liquidation, more so if there is a major melt down.... either way, the prevailing view seems to be that these and other factors, Gold is going to sell off for a while in 2012.

Some have said it could go as low as $1200/oz before it takes off again. Ive been waiting for a sell off to buy more so I ask whether this might be a last opportunity to get in at the right level.

Do you see it going as low as $1200 during a sell off or is this just dreaming, considering that major central banks are buying on the dips? Whats your view?

12-21-2011, 10:03 AM
Vendot Confirmed User Industry Role: Join Date: May 2002 Location: Malaysia Posts: 3,376	2012 Last Big Chance To Buy Gold? A lot of analysts are seeking a strong dollar in 2012 due to the euro crisis, as well as a lot of asset liquidation, more so if there is a major melt down.... either way, the prevailing view seems to be that these and other factors, Gold is going to sell off for a while in 2012. Some have said it could go as low as $1200/oz before it takes off again. Ive been waiting for a sell off to buy more so I ask whether this might be a last opportunity to get in at the right level. Do you see it going as low as $1200 during a sell off or is this just dreaming, considering that major central banks are buying on the dips? Whats your view?