I must confess that I have not read Armstrong's latest posts. He has become too long winded for me and discusses a considerable amount of material relating to politics or elaborate histories more than markets.

Could it be that he stated 1028 not so much as a target but more as a possibilty within the range gold might trade? I am not saying that this is what he said, as stated before I have not read his most recent postings. People often state what is possible without suggesting such as a hard and fast target. My personal view is that the correction in gold, with the end of options expiry today, is just about done and that we are ready to rock again with the possible interference of trouble in the Euro.

gone........ do you know which is the case in this instance? Was he speaking of a target or of a possibility or of a likelihood? I like and respect what I have read from Armstrong, I just haven't had the patience to wade through it lately. I'm not trying to be contentious here.

P.