a word of caution, page-8

In my opinion 'Buy and Hold' will not be a successful strategy going forward.

My comment:

If gold goes to US$2000 are you suggesting investors who are currently holding quality gold producers and do not sell in anticipation of a correction in the gold price will find that when gold hits US$2000 and they check the prices of their shares that they will have used a stategy that "will not be successful?"

If so, I beg to differ.