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Predictions - Gold will reach $5,000 per ounce

Submitted By: Edward L Winston
Author: Joseph Lowes
Status: Never happened
Source: Link
Predicted: February 8, 2010
Happens: December 2010

Details

As per his hate mail sent to me:

Plus think they been taking money out of gold and putting it to stocks; but it will not matter because I figur it will be 5000 by December 2010.

Explanation

Almost certainly won't happen as per reasons I explained on his hate mail entry (see source).