POG US$1400 near term, $1800 next year

POG going backward, but good day for RRl, might move quickly to $4 if POG moves back towards $1300.... then there's this:

Buy Gold on Dips as Fed May Have to Backtrack, Mideast Bank Says
From Bloomberg, 23 May 2016, 5:14:11 PM
Gold may rally to $1,400 an ounce in the near term and go on hit $1,800 by the end of next year as the world’s central bankers err, according to the largest lender in the United Arab Emirates, which is advising clients to hold up to 10 percent of portfolios in bullion and buy recent dips.

To read the entire article, go to http://bloom.bg/1TtLkm3


I think AUD at 65c next year makes ... POG Au$2769? OK, then.