gold now a tier 1 asset, page-7

Hi Hal,

Thanks for clarifying the timeline for the pending announcements, I'm obviously a little over ambitious and a tad anxious like other IDC holders!

Bearing that in mind I'm more concerned with the overall macro-economic environment that is lending itself to a possible increase in the cost of gold bullion courtesy of decisions such as Basel.

Have a look over the following article which quotes the ex deputy governor of the Reserve Bank of India predicting that gold could hit $3,000 an ounce!

http://proedgewire.com/gold-silver-intel/gold-as-money-it-could-soon-be-official/

Massive predictions, but nonetheless exciting and potentially incredible news for any holder of gold stocks. It's just a matter of nwait and see now, but IMO I see nothing but upside from here on in for us IDC holders.

Cheers
Wrath