Why is now a good time to make acquisitions of gold?
"The skinny this morning (7:42 AM EST)
1. China’s importation of gold to rise 17% in this reporting year
2. Goldman predicts the longest period of growth for China.
3. Pimco, the powerhouse of the bond market, predicts the Euro to rise to record levels in dollar terms.
This is a quaint way of predicting the dollar to drop to record lows in terms of the Euro.
4. I predict gold's next target at $682, then onwards to better the recent high by at least another $20.
5. Timing for gold’s acquisition of these targets: here and now before Christmas or right after New Years week."