and you consider this "good" news?
gw, i really think gold has just become a "no confidence in currency" play..and a little "momentum" play..
the thing about it is: if you have no confidence in currencies and believe in an imminent global economic collapse then you should only own "physical" gold as all stocks will also become worthless...
kry has become the ultimate highest risk spec play but its real tie to gold is pretty questionable imo...
when it comes to gold and kry, fact is, we dont have any gold, we dont currently produce any and we dont know that we ever will....