"Finally, we note the chart the page previous of the market capitalization of the “gold industry” as compiled by Doug Casey. We know Mr. Casey, and we know him as a “gold bug,” so we have to take his data in that light, knowing full well that it shall be given the best possible light that a gold enthusiast might give it.

However, Mr. Casey is also known as a gentleman who does his research and does it well, thus we find it more than merely of passing interest that the “entire” gold market can be bought for a fraction of what ExxonMobil itself can be bought, or less than what Wal-Mart “goes for,” or less than Microsoft. It is one sixth of the pharmaceutical industry! In other words, it is far from
over-bought."