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yeah an CNBC commentators are usually right like when Peter schiff was on a CNBC panel years before the GFC stating that the US property market was going to crash an the DOW would one day in the next 10yrs return to the 1:1 with the gold price (gold was 400oz-500oz)the guys on the panel laughed at Peter stated that Gold was history no one believed it held real value an the USD ,Property ,DOW would keep surging to new highs ----look up-- peter schiff was right on youtube---
Tim O'Brien, The Gold Report editor says gold is overbought and due for a severe correction, probably to around US$1000. The mighty USD will precipitate it along with other factors he says.[/QUOTE]