Karl-zig...

Yes! I assume the institutions were buying in 2002's when HUI had a sharp rise. But where are they now? That's the question!

The answer, they're elsewhere!

Seems that Wall Street now sees long-term future gold prices much like it sees future oil prices going forward...ie, LOWER!!

So, why would they want to invest in juniors if gold will be, as they are forecasting, in the $600 range following 2010?

Anyway, this is the basis of my next Q-line call to Jim Puplava. Let's hope he can sort this out.

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