the coming collapse of the gold price, page-13

some things don't add up in that article for me

gold has been a pretty good hedge against economic pain - what was a punter supposed to do ? - buy that other wonderful hedge -the USD?

and I haven't heard yet from anyone with something of a brain who reckons this deflationary crisis is anywhere near being solved

and the bit about "no great economic theory behind gold" - darned if I can find any economic theory that makes sense that doesn't include gold

I'm not sure that gold is a "great long term asset" even - I sort of had it as money and the rest of the stuff is what you invest in - stuff that is spectacularly on the nose at the moment.

and now its the Chinese and the IMF and the SDR game - a call for gold if you like Jim Sinclair:

http://www.jsmineset.com/

and so what if gold does correct down to $700 USD (which I doubt) - t'is but another zit on the great gold bull chart