RE:Rules of Thumb for Junior Mining Speculators and A Light at It's a good read with a lot of sensible points. However, I scratch my head when he mentions there's not much catalyst for a rise in gold prices. Inflation low? I've heard that one plenty of times - just wondering if people who state that have bought groceries, secured housing or accommodation or filled up their gas tank lately. The only thing that hasn't gone up accordingly is wages ... and that will change. Also, Cook fails to mention the dramatic rise in gold demand in China. This is an increasingly wealthy nation that has an almost insatiable appetite for gold. They weren't a big part of the gold market 10 years ago. They are now. Plus the effects of the U.S. money printing effects haven't ripplied through their economy yet. Add the record short contracts in gold that have to filled and you have all the ingredients for a huge spike in gold.