If you want to know where gold is going then check out what mr Lasonde (I think I got his name right ?)from Newmont is calling. Newmont is one of if not the largest gold producer around, and have always been a fully unhedged well before it was fashionable to be so. He seriously has his hand on the pulse.
I have followed his calls since 2002 and has got it spot on every year. Even called the $800 barrier to be broken for 2008.
I have been laughed at back when the $450, then $500 then $600 marks were called (posted on the NCM and OXR thread).