the buffet factor is interesting, but, so is the Super funds and Wealth funds creeping into the gold miners. This year has seem record amounts of investors flooding the ETF's from North America and Europe. Talk is always cheap but, actions speak volumes, wealth funds are actively exposing themselves to either gold or the Gold price. Often, avoiding the of the public, gradually increasing thier stake until it is reportable as 'change of substaintial shareholder'. Australian Super funds are recieving increasing quiries from clients regarding gold and gold miners. silver is almost sold out here in Brisbane and what is available is well above spot, gold is still there only due to the cost.
