http://www.scribd.com/doc/21753600/Tudor-Third-Quarter-Letter
PTJ: "I have never been a gold bug. It is just an asset that, like everything else in life, has its' time and place. And now is that time. The economic and political comparisons to the late 1970's are too numerous to ignore. And, as such, gold is at the center of our thinking as a store of value during a period of potentially large and persistent global portfolio shifts. The temptation to directly, or indirectly, monetize rising and persistent fiscal deficits globally means gold could have a bid for the foreseeable future."
page 14-23 makes a pretty strong case for higher gold prices to come...