This seems kind of obvious, no? Investors are out looking for gold on the premise that its price is rising. Now, if you dug up and sold an ounce of gold last year you got $1200. Today that same ounce is worth $1600. So why on earth would you take payment in dollars? Why not insist on being paid in gold? From an accounting standpoint it's a wash. Sell the gold you just produced to a bullion vault and issue a receipt to shareholders for so many allocated oz's. If the investor wants cash, pay 'em in cash, or they can just sell their oz's and spend the money foolishly like I do.

So, why aren't gold producers doing this? Have they no faith? Aren't they listening to Jim Sinclair?

Weird.

ebear