The gold market is in much bigger supply deficit than most traders, even professionals, realize. The reason the price has not fully reflected this is that central back sales have supplemented mine supply, and derivative trading on the Comex have created artificial price discovery levels. This has been pointed out for years by people such as Bill Murphy (www.gata.org). Of all the commodities, gold and silver has the potential to spring an enormous surprise on the markets this year as demand increases (peak gold). I will join Halfin in makeing a public prediction, and hang my hat on gold clearing $1000.00 per ounce in 2006 on it's way higher.