For gold to hit $32,000 from the current $1600, (20x), then the $US need only fall to 5% of its current rate - that is 80/20= 4, all else being equal - which it isn't...

And a USDX = 4 is still a great deal MORE than the PAPER is worth at this or any other point of time in the future; however, this is a very steep plunge indeed...but not without precedent.

The Weimar mark fell much faster...I think it was around 5 or 6 powers of 10 in two years...It can happen, though Baba is probably right...not by 2015...

It is impossible to predict the exact date when confidence colapses...but imho, it will be a paradigm shift event eventually, and ANYthing is possible when that happens...

IF and ONLY IF......there really ISN't any gold left in fort Knox to back up the $US currency.

gildage