gold rollercoaster

I'll share with all my sentiment on gold and silver:
1. Paper Gold is most probably manipulated, and any chance will do to drive down the price...
2. Higher Gold Price = less trust in the US Dollar's value. Therefore, the Fed and friends suppress the gold price.
3. Australian PM stocks are well placed: Gold Mines can't easily be confiscated by the state (yet) and undervaluation is an issue - but valued companies will survive this.
4. Gold and Silver prices will be re-rated; next week, next year? After we're all broke (join the dole queue)? The current fiat system of printing money is a big circus trick. It won't and can't last.
5. Mainstream Media is for 12 year olds. If you're one step ahead of the crowd you are a genius, if you are two steps ahead of the crowd, you are a nutcase (gold bug).