just punched through 990, page-16

Your post is full of inconsistencies Crazyjuicynoodles.

"Don't forget that gold went from $680 in 1980 to $260 in 2001."

Really. Thanks for letting us know.

In fact that is why gold is so cheap today - not even 50% above its 1980 price. In fact only US$100 higher than its 1980 high in 1980 dollars which have massively lost their 1980 purchasing power following 29 years of inflation.

If you were working in 1980 how would you like to be getting less than 50% more dollars today. You wouldn't, would you? So what is it with you to come on here effectively preaching that its OK for gold mining companies to receive that paltry amount when it's not good enough for you.

By the way, your comment about sentiment is way off the mark too. If you regard the sentiment towards gold as so bullish that it indicates a market peak then you clearly have next to no understanding of market sentiment.

Has the gold price been front page headlines in Australia's news papers? Are all the mums and dads rushing into the market to buy gold shares?

News flash:

The Chinese Government has just read a forum post by a "Crazyjuicynoodles."

Following reading this post the Chinese Government stopped dumping US dollars for gold and other hard assets and decided to sell its gold to buy paper US dollars despite the trillions of dollars being created out of thin air and being intrinsically worthless.

In addition the Chinese Government did an about face and recommended its citizens no longer invest their savings in gold and silver but instead in paper US dollars, adding the slogan "Paper dollars good. Gold bad."

The Chinese Government announced that they are eagerly awaiting more forum posts from Crazyjuicynoodles to determine their future course of action with gold after the gold price falls back to US$250.