as good as it gets for gold *****, page-4

Dryblower and Pierpoint are (were?) better when they stick to pointing out the shenanagans of individual companies than they are at forcasting.

Prob with DB's supply/demand calculation is that he ignores the fact that SA and to a lesser degree, Aus are mining less than they were when Au was @$275. Also the price of oil means that some deep open cut mines have copped a blowout in cash costs. (Can't get tyres either LOL)

He didn't touch on Ag which has been in supply deficit for years and at least one big mine in Mex has closed recently.

Put it this way: He hasn't changed my mind. Naturally, I could be wrong.