Interesting perspective. Don't worry, I don't go to the media for information beyond keeping up on events. If you know of some "underground" informing organization that exposes all the tricks of trade, please advise. Why do you think many of us converse here?
Your point is well taken, but not well understood. You quote the likes of Buffet and Gates. . .and Buffet has been warning about the Federal Deficit spiriling out of control for as long as he has been shorting the dollar. Your concept of dilution in gold, is flawed. Gold demand is not based on gold as a currency. It is based on continued speculation that there will be a loss in the value of the dollar. That is the primary reason for the demand in gold. And it is no secret that China is moving towards allocating their surpluses to different venues rather than T-bills or bonds. Therefore, the US could very well lose 15 billion dollars each month that has been financing our debt.
The value of gold goes up as the purchasing power of the dollar goes down. It's simplistic, but a concept few will ever grasp.
Nonetheless, I appreciate your opinions. However, lets start debating the facts.
Peace,
Market Data 
Markets 
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