"If that was a gold boom what a waste of time.."Absolutely agree...

"If that was a gold boom what a waste of time.."

Absolutely agree with you Rogue.

But this is just a very nasty counter intuitive, paper manufactured correction in a market where physical demand was overwhelming the bullion banks imo.

In 2008 gold brutally corrected from just over US$1000 to US$680. Gold then went on a run to US$1920. Most gold shares performed very well during 2009 and 2010 and into 2011.

Gold has currently corrected a similar percentage from US$1920 down to the US$1320s. Now a similar percentage rise as we had from the 2008 low over the next few years takes gold to around US$3700.

If this eventuates you will see a massive gold bull on the stock market and buyers around current prices could have the opportunity to become very wealthy imo if they are smart selling and don't hold on till the next big gold crash.