Faber's Prediction

I went back to check what Faber's most recent prediction was for gold.  As you'll recall, I mentioned that on numerous occasions over the past 6-8 months he had pegged about $1,550 as the bottom for the most recent correction.  In his February market commentary, with the price at about $1,660 or so, he anticipated another $50 to $100 down.  With today, it looks like he got his wish.