Taz,
I'm not a fan of Mahendra at all, I don't subscribe, just coincidentally I looked yesterday and Mahendra warns of a gold crash.
Seems odd that were supposedly on the verge of 'QE3' and Mahendra issues a post like that, but if your asking whether I'd prefer Mahendra or Mike Baloney ($15,000 gold) then I'll take Mahendra anyday.