bring forth the centre country, page-8

Bravo2, Just purchased my allocation of SML at 1.2 and have applied/paid for allocation of more, Qty as discussed in our email.

Gold price is heading north again as well. Gold hits record high for second straight session, tests $US1,050 per ounce.

Bullion has gained nearly 20 per cent this year.

Metals consultancy GFMS has put the inflation-adjusted peak for gold as high as $US 2,079 an ounce.

However, some analysts are predicting high prices are set to curb demand for physical gold, traders say, potentially weakening the fundamental case for gold's sustainable rally?

Not sure about that, I think from what I have been reading over the past few months that it will keep heading North over the long term?

Also I remember reading a Fat Prophets Report on gold prices, it stated that if gold was to rise with the rate of inflation since about 1970, the gold price today should really be worth about $5000 an ounce. The gold price in 1970 was about $35 an ounce.

So its strange that gold does not rise like say the cost of a car per year or any other product who's price moves with inflation rates etc?