Nadlers Kitco newsletter is worth a read (I'm not sure he is the enemy so much as a more domesticated and less tempermental gold bull if there is such an animal)
He reports that a poll of gold industry workers see gold about where it is now or maybe down a bit in USD for 2009
Thats OK - you are still a big winner holding gold in a mint or under the bed or in the ground unless you want to bet on cash, bonds, the sharemarket, or other paper assets.
IMO -everything else could deflate a lot more.
And then there is the risk of a financial implosion if not next year then coming to a reserve bank near you soon.
And then who knows when inflation is going to take off (if ever)
So buy gold and gold mining shares and just be patient!
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gold $2,000 next year, page-13
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