It is great to have someone making the case for gold on CNBC USA. Funny though this happens in "Fast mone".

I can tell you that here in Europe we have had a lot of people making the case for gold over the last few years on CNBC Europe. Two guys regularly doing so for at least 2-3 years are Martin Hennecke of Tyche and Puru Saxena, both from Asia. We have seen Jim Rogers many times and another extraordinary contrarian fund manager is Hugh Henry from Eclastica. He made 40% profit on his Fund in October alone.

Actually the amount of fund managers recently advocating the gold miners is increasing, but it doesn't result in buying sofar it seems. I think some buying is there, but so far the shorts have been able to mitigate this buying.

Once the dollar and bond market collapses and fund managers see the light, the sector is going to explode. I think the process started yesterday and we are going to be surprised by the speed of things to come.