My two quick cents's worth:

(1) Jim Sinclair on jsmineset.com maybe alluding to Ned Schmidt's view when he says to ignore it.

(2) Seemingly the general conscensus is that gold cannot do anything but go up with all the paper money creation prevalent and accelerating.

(3) My own feeling is that there will be a mania quite soon for gold shares (like there was around eight/ nine years ago or thereabouts. There's much more reason for this now. Also gold will fly too, but leverage and ease of offloading and trading is with the shares. Also Casey (Kitco Casey) has said a gold mania is in the pipeline.

(4) The Chinese people and SE Asians are getting richer by the minute and all of them have an affinity for gold creating huge demand, particularly the Chinese (and there's quite a few).

(5) If the company's cost to dig it up is less (less the better of course) than it sells for, good management etc. not that easy to lose.

(6) Very hopeful with this one, I'm in the recent p.p. And the above is from a sailor not a CFA (like Ned Schmidt), GLTA.