Originally Posted by Arkie
Gold will spike 100% at the end of the cycle due to speculative mania. I think the cycle will end sometime within the next couple years, specifically mid-2010. I think it could be anywhere from $1500-2500, then it will drop 50% almost as quickly as it spiked.
Ok I will bet you 1 ounce of gold that it doesn't reach 2000 by the middle of 2010. I have like 20 1 ounce coins so it won't be a problem for me to pay up.