people dont believe the price surge will last, page-22

bbq, I see your point, quite plausible. I don't think gold will drop down this time after climbing higher. It will stay higher. As to the timing of a complete restructuring of the USD system, it might come a lot quicker. For investors there are other alternatives in this environment. They don't have to buy gold or gold shares. But it would be foolish to go against gold. Putin's Russia is increasing gold to 10% of that nations central bank reserves. Obviously Putin wants Russia to be at the table of rule makers. China will one day want a seat there too. China is currently a hostage to the USD circle. It does not want a USD collapse. Yet with the current arrangement they have no easy alternative. They need to grow their gold reserve long term to gradually decouple from the USD system, to one day make the Yuan an international hard currency. For that reason China will need to grow their gold reserve.