I hate to break it to you, Cashie; there are several if not...

I hate to break it to you, Cashie; there are several if not hundreds of articles being posted on the internet ever since 2008 calling for an increase in POG, or even a dramatic decrease.

When Gold was nearing the 1900 mark, we have a flurry of reports and logical arguments justifying a price of plus 2000. Then we saw them at 2500, some calling for 5000, others were dramatic enough to call out a 10,000/oz gold price. On the flip side, when gold was declining at the end of 2011 when we saw 1900, to 1800, to 1700 and finally finding support at 1540; we saw dramatic reports saying gold to fall back to 1100/oz!

My point here is that this is entirely speculation. The logic was that during currency crisis' money would find it's way to gold, and it did happen, momentarily. During the rest of the Greek woes during '11, we saw gold decline also. In reality, this is no reason to ramp gold.

Yes, we may see a 2500/oz price, but this is inevidable. Pricing in inflation over time we will eventually see such a price. The uptrend of gold over the years is not due to investor interest alone.

The reason why POG is relevant here, is that it has a direct effect on RED5, as well as other producers of Prec' metals. If Gold spiked to 2500 tomorrow, we would indeed see appreciation over the Gold mining sector, naturally.