so at what price do we start shorting gold, page-11

rowingboat, on the way up there will undoubtedly be corrections as there always are. With ETFs reportedly having difficulty getting hold of gold, these corrections will likely be very temporary and not very deep. There's too much demand for gold as a wealth preserver and too little supply for it to plummet.
I won't short gold but if I were to, I'd short at $US1,580 and then get ready to move right back in after a correction. I would have thought it would be exceedingly hazardous to short gold at present.
In any case, I am far more interested in the value placed on in-ground reserves of near-miners and explorers. Why buy gold at $A1,525 when you can buy it for $A20 an ounce! The upside potential is staggering.