RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Monday predictions ? Not sure why you highlighted my bit on the WGC then didn`t say anything about it . I don`t think you have the full picture on gold so I`ll go a different direction . Gold is the only insurance against politicians . I recently watched a doc about the billionaires of Europe of which Germany has the majority . The one thing they all have in common is that they hoard huge amounts of gold and store it in the world`s most secure vault in Switzerland deep under a mountain . They talk freely about it . Storage costs are nothing to them and neither is the cost of gold . They buy regularly no matter what the gold price . The Chinese are doing the same . Not an ounce leaves China and the Chinese state is spreading all over the world grabbing up gold mines big and small . I expect in a year or two that is what will happen to Gran Colombia . The Chinese has no problem with high labour imput mines . So inflation really has little to do with it . There is nobody that doesn`t know inflation is much , much higher than governments say , but it hasn`t done much for the price of gold . Gold mining companies are in the business of protecting people from politicians . The ones who want protection that is . And there is far less physical gold to be had than most realize .