what are they saying about 2013, page-44

I thought POG was tracking monetary supply pretty well.

Where do you see monetary supply going in the major currencies, Skol?

I think it is cool that you are contrarian, by the way.

Gold above 1,500 will be quite profitable enough for my favourite miners, anything above that is cream. I deliberately choose low cost producers as I am more of an observer than a believer, and they looked over-sold.