I highly doubt it will come. The global markets are too competitive now. When governments were able to impose tariffs on imports and exports, thereby better controlling the geographic markets it could have happened. Now, there is a greater risk of deflation than inflation. There is always someone or some entity that is willing or able to sell a product or service cheaper than what somebody currently pays. We are entering a period of stagflation in the developed countries.

However, I firmly believe the price of gold has a long way to go up.

Skier