RE:prophetMadfather,
Unfortunetly for gold bugs, it is not a question of prophecy or prediction here but a reality check. In late summer 2012, gold was at 1800 $. Now we’re heading below 1250 $ which is a 30% correction from its high. Many producers can’t compete in this costly environment. Some will succeed, others will disappear. Even with what’s happening in Russia, it doesn’t give an impulse on the price of gold. So the future is unpredictable…It's all speculation.