Interesting article, Portee, which asks where is all the Fort Knox gold these days - is it all leased out? Keep in mind that the full page ad is from GATA, a private goldbug group, and not from an arm of the US govt:

Here is the original article found in Portee's post

Here are a couple more articles on gold, money and inflation. The first one is about how gold is in a downdraft because it got caught up in the "great unwind" - that is, the huge number of hedge funds that bet on oil and bet against the dollar are now, temporarily, turning around. When they bet for the dollar and against oil, they bet against gold:

Here is Mish's article on the great unwind

Here is another article from Mish's (excellent) site, talking about the US dollar not inflating so much for a period of time:

Here is Mish's article on M3 not ballooning as much

The new bet on the dollar is probably temporary. It's still very weak. Gold will snap back too - it got flicked on the end of the dollar whip. Dollar trading is still more than 10 times gold trading, so gold gets pushed around. The gold to oil ratio is still very, very low - the pressue there on gold is up. Even more the junior golds - in a deep trough.

So in a perverse way, these are some of the best times for medium to long term investors.