It's a different ballgame now...China and India are major players. This wasn't the case in the late 70's and early 80's.

China is creating their gold commodity exchange in March.

The PMs are limited as is oil. The more players, the less supply for the demand.

IMO, we will never see gold below $1000/0z.

SFMI's game plan was set at $650/oz.

Our dollar is stronger, however, the politicians are still in a spending spree and when China goes into their tailspin because they're relatively new to the capitalist game, they will demand we pay them forcing us to cut spending and or raise taxes up to 95%.

Maybe Obama or the next President will confiscate gold as FDR did in the 30's. That is a concern.

Hopefully, SFMI will be sold to a major producer by then.