Gold will rocket if the US market and USD head south. What the majority of people on this forum do not understand is that the total market capitilisation for gold stocks world wide is 60-70 billion dollars. The mighty USA requires twice this amount of investment per year to sustain its share market at current levels. In the roaring nineties the US market attracted 3 - 4 times this amount. This money is still out there and is looking for a home. As the US market and USD commence their next leg down it only requires a portion of this money to start chasing gold and gold stocks to send them souring, and just like the tech bubble, the more news this gets and the more people become aware of the rising prices, the greater the increase.
This is golds story and this is exactly how it will unfold. Obviously a JPM or financial crisis would add to this momentum.
