Ongoing Gold Prices, page-3

I think it's going to be fairly interesting to see where gold prices go in both the short and longer term. IMO the hiccup in the markets a few weeks back was a harbinger of things to come as all the non sustainable debt in the system has to unwind at some point, which will drive a flight to safety, ie gold and silver.

The other thing that will affect gold in the medium to long term, and thus be good for OGX is China's continued transfer of US dollars into gold, suggesting that there is a long term plan at work there and it won't be good for the USD. The fact that the ordinary people of China are actively encouraged to buy gold, where it was previously illegal, makes one wonder just how much of the world supply China hold.

Interesting times ahead.

KC