Ann: WAF intercepts 79m at 2 g/t Au and 22m at 5 g/t Au at Toega, page-16

The incessant smackdowns on gold are working as intended: suppress concerns about diminishing confidence in the USD. Russia and China are going to be gold's saviour, I hate to say. They are steadily stockpiling in anticipation of challenging the USD hegemony one degree at a time. As America's debt piles ever higher, offsetting that with an alternative backed by large gold deposits will be helpful in convincing financial markets to at least consider denominating their deals in a new Eastern exchange.

But it's a dangerous play. See what happened to Gaddafi when he tried to enact an African currency backed by gold. Or even when Saddam Hussein suggested selling oil in Euros. Now that Russia and China have already set up an inter-country currency exchange agreement, suddenly they are the biggest boogie men on the planet. If gold was ever allowed to hit $3000, well... it will never be allowed, will it? Until confidence in the USD finally crumbles.