g-7 getting set to manipulate gold? , page-4

Actually the main giveaway to gold's future price is the recent policy change of central banks from selling to buying gold. If that is not an indicator of what governments truly think of gold's intrinsic value, then i do not know what is.

Gold stocks have never been as low in relation to their valuations then they are now. This is quite incredible considering the fact that gold is hitting close to $1700/oz. New marginal deposits will now be put into production while majors who have low cash costs to extraction will be on the lookout for acquisitions. They will either distribute dividends to their shareholders, boost their resource base or both.

People who say gold is in a bubble are living in wonderland...meanwhile gold spot prices moves from $500 to $700 to $800 to $1000 to $1200 to $1350 to $1450 to $1550 to $1600 to $1650 and now to $1690/oz...

Wonder when the dam will break....perhaps when they finally realise that bread costs $6.00 a loaf and gas prices hit $8 a gallon. Yeah, cash is king indeed....pfff...

Eventually we will have a new form of currency that is backed by gold. To make that happen, gold will have to be revalued much higher....in my opinion. Investors who have a portion of their wealth in gold and silver will do very well indeed.