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CNBC Bold Call for 2012 – Gold Goes COLD

December 5, 2011

CNBC Bold Call for 2012 – Gold Goes COLD

end of world 2012 gold falls price investor bug destructionWith the end of the world coming in 2012 – CNBC just published their “Bold Calls for 2012” wherein Larry Kudlow makes his bold call that, “Gold Goes Cold” and that gold won’t top $2000/oz.

I’m not sure how *BOLD* of a call this really is as Kudlow doesn’t call for any sort of bottom price point, nor does he give any sort of time frame for Gold turning stale – other than it’s a 2012 prediction.

Maybe that means gold catches back on fire to resume it’s 10+ year run of appreciation in gold price fall investor bug sell coins before drop2013? I’m not sure, but it’s always fun to watch the bold calls the financial talking heads make as we move into a New Year.

Here’s my *BOLD* call on gold – I believe gold possibly sees a near term (6 month) pull-back to near $1500 before resuming a fairly slow continue rise through $2000 and on to $2500 over the next 5 years.

Now only time will tell….

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