I thought if I suggested Sangold had a remote chance of reaching $100 I wouldn’t be taken seriously, but from below it seems $100 is realistic and I do believe with the debt and bond situation fast deterioration these percentage gains are something we need to get our heads around.

In the late 1970s, for example, the price of gold skyrocketed, from around $200 in 1979 to over $800 in January 1980. But it wasn't until AFTER the price of gold peaked that the best exploration companies saw their biggest gains.

What kind of profits am I talking about?

A simple $500 invested in each of these companies would have given you $172,585. $1,000 invested in each of these companies would have given you about $350,000.

Something similar happened in the early 1980s. After a brief run-up in the price of gold, the best exploration companies saw unbelievable gains: