re. the original post - I seriously doubt if gold is near it's peak - at least in $US and most likely in any other currency. Gold bull markets are very long and this one certainly is only young really. Also we have seen nothing like a manic phase at all.
Lack of mania certainly signals to me that it has a long way to go- both in time and price.
Only now are we beginning to see some sort of m/a activity in the gold sector - so it has just begun.
When mining companies are paying through the nose for acquisitions, it will be then that you know that gold has still a way to go - but the end will still be a little way off. Remember in the last gold boom - many companies put on thousands of percent - we have had nothing like that.
When oil runs, it will run hard and it is also very obvious that uranium demand in the next 20 years will be nothing short of massive.
Also within a few years people will kill for alumina - and there aren't a lot of players in that field. There will be some moves in bauxite and alumina that will stun the market - for some strange reason bauxite has been overlooked whilst everyone has been looking at coal and iron.
