"In the [gold sector] industry, the value [of a company] is NOT created in production, it's basically created in EXPLORATION"

-Florian Siegfried, CEO at Precious Capital AG, Zürich*, Switzerland.

(*Humm... Isn't Zürich the same place where Interinvest and Marc Faber have an established financial presence?)

I think Dave Webb and Interinvest would agree with Mr. Siegfried.

(minute 49)http://www.voiceamerica.com/Show/Episode/51627/whether-inflation-or-deflation-gold-retains-its-value/54795

Cheers,

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