i think all the players are a little bit overoptimistic regarding futur price of gold

of course pog will rise but probably slowly and surely in fact the current trend (2000-2009)is a little sharp in my mind and should slow down a bit.

a key element need to be in full force to see this trend continue and it is an absolute colapse of the us currencies.

in my mind it cannot happen so fast despite the current events because a simple fact...

all around the world us dollars is still king.

ok we all agree it will change but think about it, will this happen in 24 or 48 months? i doubt it and as soon as the global situation will regain strenght well the us dollars will shine again .

if us currencies is to collapse well my friends we all need to pray because nothing and not even gold will support what would be next.

and for the lucky ones who would have the brilliant idea to accumulate gold that much how will they cash it in this mondial economical armageddon?

i don t even want to think about what could happen on the us territories only where you have 100 s of million people use to wealth and use to spoilt their child could be facing the possibility that no food could be on the table tommorow.

what would the ones whit wealth be doing to defend such a position facing millions of furious?

please all of you guys make me a favor and spare me the cheerleading about price of gold reaching unprecedent high in price because maybe you would gain a temporary profit whit your gold stock but it the same time you would lose everything that makes this world the world it is.

the best scenario is a price of gold acting the way it is right now , whit moderation it is the best scenario for all believe me and think about it.

when you see a man stopping his suv on a bridge get his 4 years old daughter in his harm and throwing her to the death then you know what mankind can do when they are destabilize. one is more than enough imagine millions

have a good week end

dmaster