Agree with you, the risk here is a cheap takeover. The only risk in gold is it's potential to have some fairly large swings within a major bull market, that's why I am always a scale down buyer in it along with silver. As far as looking to buy more shares in the 1.40 to 1.50 range, you may have hit the nail on the head.

Gold is not going out of style and neither is our current unmined gold. The only new and repeating thing here is how many shares and how much gold and silver the bullion banks can shake out of your pockets. Tomorrow will ALWAYS be another day and with it will come positive changes.