I have heard the "rocket thousands of dollars higher" theme before.

Some day it will probably be right. I hold gold for monetary and fiscal lunacy insurance. If gold goes to thousands of dollars it only means to me the dollar has tanked. An ounce of gold will still be an ounce of gold.

Here is an interview with Eric Sprott that may be of interest.

For those that think it is all just conspiracy stuff, here is what Alan Greenspan said about gold price.

On July 24, 1998, Alan Greenspan testified before the House Committee on Banking and Financial Services. In pertinent part, he testified as follows: "...private counterparties [cannot] restrict supplies of gold, another commodity whose derivatives are often traded over-the-counter, where central banks stand ready to lease gold in increasing quantities should the price rise."    

Above quote taken from this article.

Ask the expert interview with Eric Sprott

John