something does not feel right, page-62

Dont forget the fundamentals in all applying to gold mining.

Production costs and supply / demand.

Production costs are rising year by year.

Supply is dwindling if anything ...plus

On the demand side the world population is ever growing and emerging markets, the middle east, Brazil, Russia, India, China,Asia in general are growing in wealth.

this suggests an impending deficit.

Those suggesting gold to drop back down to 2006 price levels are turning their back on fundamentals.

Also on the manipulation side of things - dont underestimate the big 5 or 6 gold miners withholding supply if the POG is not to their liking.