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Good points, however everyone is forgetting the most important point.
Mar 14 01:27 am
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All Comments by SEBASS »Gold/Dollar Ratio Goes Parabolic [View article]
Gold trades with oil movments. Now most important statment here.
PEAK OIL. It's here and if you're unaware of it or think it's years away you need to do your research again. Greenspan recently (feb 08) said this and I quote "Oil Boom Will Likely 'Go on Forever'" Since oil price will keep rising indefinitly now gold will as well. Paper currency is shit as you can see. Euros won't help for long. Gold silently will be pricing for oil. Good luck.