twilight, i think golds future will be tied to interest rates more than anything else. (barring grand disaster in the fiat markets) most people will agree that interest rates will soon start to creep up. maybe not next month, maybe not for another year but it will happen.

my personal belief is that rates are going to go thru the roof over the next 6 years.

there are two schools of thought on what happens to gold when rates skyrocket. one camp says gold will fall, the other, (my camp) believes gold will go up.

if you believe gold will fall with rising interest rates i'd like to hear why you believe this. i know a lot of money will move to the "fixed income" market but i also believe in the old "gold as a hedge against inflation" theory.