The physical shortage is going to cause the real price to explode at some point, in my opinion. It was interesting, there was a Q-call last weekend in which someone asked whether the lack of physical would cause the price to go down, since people would be forced to look elsewhere for safe investments. On the contrary--Lack of supply results in higher prices!

My one question is, when are the gold stocks going to start trading like they produce physical gold, rather than paper gold?

I think when the two prices meet we will be well above $1,000, and a sustained time period above that level will be what causes interest in juniors to really pick up.

H