Yes folks, gold should be well over US$500 now. Just look at the situation. US fighting two wars, massive deficits, high oil prices, high commodity prices, weak US dollar and the list goes on. Last night with general US dollar weakness gold crawled up 70 cents. It could have been down a comfortable $5 if the $US declined like that. If today those $US gains disappear, then watch gold fall. Something doesn't seem right. Wolfie thinks boring gold is on the nose.
