RE: RE: RE: RE: RE: RE: RE: RE: RE: aah nice Chris After reading the various news releases, it sounds like the higher price on the 100k placement as compared to the 350k placement can possibly be attributed to the 100k being flow through and the 350k being hard dollars. Flow through can have positive tax implications, needs to be spent, and generally gets a premium over hard dollars which don't have the same tax implications as flow through.
I am laughing at the idea of $5000 gold. Thinly traded metals like platinum, molybdenum and tungsten can run up quick and disappear just as fast while broadly traded metals like gold, silver, copper, zinc generally run in more stable patterns. There would have to be a major disaster for gold to get to 5000 and general consensus is that market conditions are improving as major economic risks are slowly being put to bed. This is borne out by the reduction in interest in bond funds. If you look at the chart for gold it appears as if we are on the downside of the peak. ETF flows/values, which are a good barometer of where the gold market is trending, have been generally trending downward.