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2013-05-28 — kingworldnews.com
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A lot of "considered opinion" suggests that by the end of the present electoral term (end of 2016 when new presidential elections take place), that the US debt limit will be at around $22 trillion USD... this suggests that if the debt limit is at that level in late 2016 and Gold continues to track its path, then the Gold price would stand somewhere in the region of $3,400-$3,500 in just over 3 years time. This fits with both our long-term target for 2016, as well as the extrapolation of the 2008-2011 dynamic''
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