I have also seen many projections as to the potential of gold. The US has been the great provider of worthless paper and has heavily spread it throughout the world. The thermometer of a country's and the world's financial health has always been registered in the price of gold.

Western central bankers have tried jumping on this thermometer by conducting gold sales and have impoverished their people in the process. No one have stepped harder in this respect on their people than Gordon Brown of England. The House of Commons have attacked Brown for his foolish selling of most of England's gold below $300 an ounce and he has survived. This just shows a person of the entrenced political power of the anti-gold establishment.

The late respected Ferdinand Lipps said many times that "the Fed makes people poor." There is so much propaganda against gold here in the media that it is sickening. The Fed and the Treasury here go about depressing gold as a matter of routine and no one seems to care much except Representative Mr. Ron Paul who is running for president. The press gives him little coverage and because of his usually soft spoken manner no one in Washington takes him that seriously. The sad fact is that monetary history has not been taught in the school system here or on college levels. People just think gold is for teeth and to wear when for long periods of history it was used as a cornerstone of prosperous countries and their currencies.

We are in a world of financial trouble down here with the truth concerning OTC derivatives coming out daily with massive asset writedowns by financial institutions of their so called structured financial vehicles. I might add that the media basicaslly refuses to seriously report this ominus trend in any of their editorials.

Not only has gold been held down by western central bank selling over the years but now the financial structure is coming apart. If ever there were a scenario for gold exploding higher this is it.  

Based on history, when the disinformation cap collapses and the public starts becoming interested in gold and silver our resource stocks of interest and all resource stocks, especially related to gold, will blast off in such a specatular event that it will be stunning.