That's right.........PVE's either a genius, or a complete nutter who thinks gold is mega-overvalued. And he often goes through some detailed argument about amounts of gold, numbers of people, and comparative to other objects. He sounds right, but the market appears to be telling him he might be an idiot.

But gold might even return to trade 1;1 with the DOW (eventually), if this really is a major economic disaster, and we are in for a period of real-wealth rebuilding. And he doesn't often refer to unbridled printing of money.

Perhaps we're in a blow-off stage, and gold will then take it's traditional tumble. I am trying to 'hedge' either direction, but expect at least one major financial panic at some time this year; gold went down with the last one as we know.

A volatile mix.