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This video addresses my comments two weeks ago when gold broke the $1,250 level, I said we will start seeing analysts come out and predict much higher price targets than $1,500 for years end. Mike Maloney is speaking a little further out, but you get the idea. Understanding the rise in Gold is NOT about the rise in Gold. It's about the loss of confidence in the USD as the world's reserve currency. Gold will always be just Gold, like it has been for thousands of years and it will always have value like it has for thousands of years. This crisis is about currency devaluation, deficit spending and expansion of money and credit. Every fiat currency through out history and without fail has always returned to it's intrinsic value of ZERO, without exception. Gold has always maintained it's value without exception and has always been the ultimate form of internationally accepted payment. BK
