people dont believe the price surge will last, page-21

There is an old rule about the gold price being 15 times the price of oil. This hasn't held true in recent years and if still believed suggests that gold is headed to $1500 sometime soon.
Traditional price of gold?? No idea but is has been out of favor not least because economists in the 90's believed they had "sussed" out the mechanisms for controlling the economy. Remember the so called New Economy where the old rules didn't apply? If I keep writing I will defeat my own argument that we are probably in safe hands.