our financial house of cards and how to start, page-19

Auag

I would hope that all investors assume that the mainstream media (as well as govt institutions and large accounting firms) are unable to report on the future direction of prices in any market. That's a vastly different business to reporting on factual matters like the presence of gold in a vault and what was or wasn't discussed in a house session that has already been held.

I don't mind alternate views either, but I'm going to run with the US Mint position backed by KPMG audit reports over the linked theory.

Personally I think Gold is way over analysed and its significance way overstated. There are many hard assets that can be held as a hedge against inflation. You could select any useful metal or physical property as equally legitimate alternatives. I generally ignore Gold price debates for this reason and stick to shares and currencies.