Ann: OceanaGold Macquarie Australia Conference Presentation, page-12

I remember reading last year at one stage an adviser in Britain who was a former US govt adviser saying that with all the Quantitative Easing that had gone on then there was going to be correction and a need to get money back with a solid backing and that would have to be the gold standard. He explained that to have gold backing the currency then the price of gold would have to rise dramatically if you were to have say 40% gold backing the currency. Therefore it was entirely logical that the price of gold could rise to around $10,000 an ounce.
While he said that owning physical gold was handy the other best option (or even better option) was to seek out well run, solid gold producers which would benefit from the rise in gold price and make their production even more valuable as their return far outstripped the cost of their production. If OGC can get Didipio sorted out then I think it would be in a great position going into this decade. Let's hope these future predictions for the gold price eventuate.