(So I simply asked the question whether anyone still believe the $50 forecast)
Yes I believe that POS will hit $50.00 may be higher for the Simple reasons that.
1)Real Estate already staring to collapse in Europe and Honk Kong recently by %60.00.
2)Here in Australia business has been declining %45 since December 2012 of their revenue.People loosing their Jobs.
3)Interest rates all times low.
4)Declining of the Australia dollar
5)Overvalued Australia Real Estate (that means buying a 100 year old house for a million Dollars) that is unsustainable.
So all of the above factors will encourage Investors to return to precious metals like gold and silver.
That's the reasons I believe POS will hit $50.00 or more soon.
Helios
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