There is an oversupply of Gold compared to Fiat currencies? I agree with you that if central bankers and Goverments stick together the demand for gold may not get that intense. What if they don't stick together in the upcoming contraction? If the dollar dropped sharply would there still be an oversupply of gold?
ZEEV; Could you please amplify some your statement that there is an oversupply of gold?
What do you base that on?
Any good references?
Gold bugs of course are always talking about the opposite; ie a huge uncovered short position. They talk of a conspiracy to keep the price down by short selling paper gold-gold which does not exist. If this were true, of course it will all come falling down like the proverbial house of cards.
Zeev, I ran across this list of the 100 fastest growing companies. Some I own now like CBK and NVDA while some I've owned in the past like COCO, HOTT, UNT, DYII and PENN. An interesting list, with a surprising number of energy companies near the top. Any thoughts? Fletch http://www.fortune.com/lists/fastest/index.html