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Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America

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Message: The darkness down the yellow-brick road / good read

money, i really enjoyed the article but i disagree with part of its premise that the spike in POG is due solely to the "end is near" crowd...no offense GW..

i believe a large part of the rise in gold price is due to supply constraints and demand for industrial use...

it now costs an average of $700oz to bring gold out of the ground..china is now hinting at increasing it's own gold reserves of 1200T to match the US 8000T (this would dry up every chinese domestic mine within 6 years and they'd still be short a couple ktons)...industrial use for gold is actually starting to amount to something and that trend will only grow imo..

i think gold has a way to go yet...i also think gold is the only thing glenn beck and i have in common (man, he's a crazy a-hole)...

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