I am also buying MORE gold, even though my overall gold position is down about 10% because I hung on as gold fell off its $1,000/ounce highs.

The reason I’m strongly bullish gold is that we have market chaos which drives investors to “secure” havens like gold, but more importantly the United States is looking more and more INSOLVENT each day, with the only recourse appearing to be our government conspiring to devalue the dollar. Foreign governments are getting very nervous and are already starting to dump dollars as reserve currency. The Big Question is what will they trade into. I think maybe EUROS and Gold. So I’m gambling that as the dollar gets unseated as Worlds Reserve Currency of choice, then gold prices will rocket up.