I'm delighted Joe is willing to donate his time to appear at Millstone Day.
Gold has corrected nicely and is now ready to begin working higher into the New Year with the recent highs around $540 a likely target faster than most people think.
Gold's momentum is likely to take it to either side of $600, but then a serious correction is likely to unfold.
China's announcement of wanting to diversify their foreign-exchange reserves holdings is going to have a profound effect on financial markets worldwide.
The news of an attack on an oil facility in Saudi Arabia is just an example of the many different geopolitical events that underpin the secular gold bull market.
Gold continues to defy the bears, skeptics and even ardent bulls all of whom continue to pay little or no attention to one of the most powerful factors driving the secular bull market.
There should be no doubt that gold remains in a secular bull market.
Since bottoming in 2001, gold has seen a two-steps-up, one-step-back rise, and Monday's big drop is nothing more than the start of the one-step-back part.
Strong physical and investment demand, increasing geopolitical concerns here and abroad and the likelihood of a resumption of the bear market in the U.S. dollar, are all factors that should drive gold towards its all-time highs.
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