the end is near embry warns gold price riggers, page-20

Gold's rally for the past 10 years outperforming stocks, bonds, real estate and cash actually reflects the changing attitude to counter party risk and years of distortion that low portfolio demand permitted the bullion banks, central banks and gold miners to take place.

It is disingenuous to say that there have been no visible signs of supply problems when the commodity's price has risen 500% in a benign inflation environment.

There is a big difference between capital investment and capital preservation in times of distressed credit conditions.

A seriously wealthy individual once told me these sage words "You can always make income from capital, but you can't make capital from income." In other words there are times when one should avoid chasing income and preserve capital.