Gold mined in Russia is not allowed to leave the country? Where did you get your information from? Central Banks are not sellers of gold? Are kidding?????? I think you need to check your facts. Getting back to my point made earlier about gold salvaged from shipwrecks, the SS Egypt carried 5 tonnes of ingots and at least an equal amount in weight of gold soveriegns as well as 10 tonnes of silver. That is a lot of gold! There are literally tens of thousands of tonnes of gold being salvaged as we speak. Google Search is a good educational tool. Use it! I am not a gold bear, I have numerous interests in gold as well as one large short NEM:NYSE. I win whatever happens! I just happen to see a bubble in gold....it is rather obvious that it is a bubble. If it isn't...I still make money, the gold companies I invest in have 1/ low production costs so if gold falls I still make money 2/ Good management, they are well run. I do not, however, think gold has an appreciable upside going forward.