130 billion euro stimulus package, page-28

Wow Skol, you're so mislead it's not funny.

How far do you think gold can drop before it becomes uneconomical to mine and pure demand starts driving the price back up again. There will always be demand for physical gold to some degree whether you like it or not.

You're so focused on the economic stuff but you neglect that it's becoming harder and harder to find gold and to get lower grade or deeper gold, it's going to cost more, pushing the price of gold up per ounce. It's simple supply and demand. You forget how rare gold is and how costly it is to get out of the ground, but people will always need gold for jewelry etc.

What do you think would happen if 80% of the worlds gold miners shut up shop? Would that push the price of gold up?

The safe haven stuff is pure upside.