Ann: Ballarat Gold Project - Progress Update , page-5

There may be some AUD volatility ahead.

The finance ministers will solve euro-debt IMHO though more money printing and various under the table deals..... for example a decision by China to buy junk debt from Europe. The pain will be prolonged and associated losses socialised (ie. paid for my German, French and norther European taxpayers until some of the PIGS eventually leave the Euro).

Regardless, PIGS debt is working its' way though the financial systems just as CGT works it's way to production.

I don't believe that the "actual" intrinsic value of gold changes very much over the years (or centuries) but I do affirm to the view that the current bullish price is indeed a futures contract on the intrinsic value of fiat currency.

cheers