RE: Kitco,Barclays,Credit Suisse 800goldYes the gold market is like any other market cost isdetermined by supply and demand.
if gold does decrease in price people will start buying again driving it backup.
with uncertainty in global markets people turn to gold as an investment. suredemand for jewellery may decrease but demand for physical gold increases.
your comment: with completed information
At $ 800 gold the XRCINDICATED RESOURCE will shrink by 20% and become a verysmall 20 million Oz project
sorry forgot to include silver and copper
50million Oz Silver
and 5 billion pds copper
even though your logic in this post with supporting information makes somesense you have made yourself look very silly with your point at the end!
oh and by the way it was good to see some related material from you thatactually is relevant to gold/Chile/Exeter
and is not about Greece, barrick or any other non related material