...If this crisis deepens - and I see no reason why it won't - I expect panic buying of gold shares

ebear, I agree with your personal thought on this as above. But I have been so wrong lately. Who knows?

true enough. The panic thus far has been in the other direction - sell anything you can to cover margin, including gold shares. Still, I'm encouraged by the fact that we've come off a higher low here, both in gold and in K shares. I guess we'll see.

ebear