the puke indicator, page-78

MJA

That would be true if the demand for physical gold was indeed falling. It is not! The actual amount of physical gold bought by individual investors and the Worlds central banks has increased to the most in history, this is in the face of falling gold prices.
The EFT market is being sold down and will soon crash, but the Physical stuff is still being bought at the fastest rate ever!! and I might add that the Commex suppliers gold reserves has been taken at the fastest rate ever!!

If gold hits 1000 there will be no more gold produced. The price of producing gold will not reduce with lower gold prices are you serious!!
NO MORE NEW GOLD MEANS THE OLD GOLD WILL INCREASE IN PRICE.
The more precious something is the more its worth.

Do you think the central banks will sell their gold at the same price they bought it at? They will inflate the price of gold off the charts to pay down their countries debts.