Government money printing means bullion's value has nowhere to go but up

• "Long term I am very bullish. When I look at the amount of debt accumulated by the United States, in particular because the gold price is quoted in U.S. dollars, the U.S. politicians have absolutely no guts for another depression, and they will always allow the printing press to run to answer their problem, and therefore when I look at the long-term gold price: very bullish."
• "We're still early in the pickup phase of what it means for gold - the place of gold as an investment in the spectrum of asset classes. And when you look at the money in circulation, when you look at the bond market, which is in the trillions - 40 to 50 trillion - when you look at the equity market - another 30 trillion - and when you look at how much gold represents out of all of that, we are almost at an historic low compared to the 1970s and 1980s. So my view is that there's still a lot of leg room left in terms of the size that the gold market will fulfill in the investment spectrum."
• "I would say somewhere between $950 and $1,050 is more than likely where the current floor is, but it's movable."
• "My ultimate belief is that if we get a really crazy gold price, in part it's going to be because of China, and with all the deregulation we've seen in China and the Chinese gold market being so alive, it may just turn out to become a bit of a casino atmosphere over there - a gambling atmosphere - and it could very well push the gold price beyond anything that we believe is reasonable."