yey, i have heard 'experts' all my life making big mistakes ...actully, there is a very good documentary on the stats of experts and economists do not fair too well at all.
but, seldom do these so called experts mostly agree on the same thing ...as they do on gold ...this is one of those times
your not the only one who remembers 1980 ...the experts were telling people to sell at 800 bucks ...they were right that time too ...co-incidentally i guess :))
i did a mortgage in 1981 @ 21% in yellowknife (just thought i'd through that in:) ...real estate in florida has as much to do with the topic at hand as my house in yellowknife ...nothing.
anyways ....speaking of gold @ 800 ...we are still not at those levels yet ...not even close... when you key in the factor of inflation gold today would have to be over 3000 to equal 800 in 1980.
amyways Mr PC, if you fear gold going to 500 bucks ...then get out of gold, and that would include GNH
cheers ...danny