Here's my 2 pennies,

I think that gold will go down or even just maintain around the 850 dollar mark for awhile. There will be a lot of funds and people in general getting caught up in the moment and PM will be the last place for them to think of putting the money.

There seems to be a lot of wait and see happening right now, especially if the rumours of the over demand for the last PP are true.

i say christmas will be the low water mark for Gold.

come the new year, people are going to start realizing that the next wave of mortgage renewals are at hand and not much will have changed in the credit markets.

Once that happens, Gold will be the 'haven' once again and we could see it jump 200 or even 300 dollars in a short time. 1100 gold is not that far off.

And the new year will be good for SGR as we will just be hitting our stride in production and hopefully SGR will never look back from there.

Robbertop thinks that 2010 is the horizon, and he is probably right, but thet move will be in 2009, and it will be wild.

JMHO

Andy K