Follow The Money, page-9

FIIf monetary base remains the same or increases even further Gold will eventually appreciate.

Inflation may take a while to follow through also but follow through it will.

Gold per oz should still be able to buy equivalents in real terms whether it is 1000AD or 2015AD. It is obvious to most people that it is INCREDIBLY UNDERVALUED.

If you look at the chart of Gold to Monetary Base it is clear if the ratio reverts back again to historic levels then all the wild claims of wheat gold could be worth per $oz might not be so strange.

There is always the chance that gold will back currencies again, whether at parity or some % I don't know but it is likely if confidence becomes totally shattered in central bankers. The trend in my opinion is that confidence in central bankers is down and heading lower barring some major economic improvements.

If Gold is so useless why have all the central banks and key financial players been adding to their stockpiles ?

Not here to convince anyone. I'm no teacher or preacher. Just telling it as it is. Believe what you like and if you like to get fooled then enjoy.

JFI