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Gold in the foothills?

Gold’s rally to more than US$1,500 an ounce might not be such a big deal, according to one of the latest attempts to predict the next price move, because when compared with previous rallies gold might only be “in the foothills” of something much bigger.

Gold in the foothills? Gold in the foothills? Gold in the foothills? Gold in the foothills? Gold in the foothills?

Conversely, and in a classic example of a bank hedging its view in much the same way a gold miner hedges its production, there is an argument from the same bank that gold might be poised for a big

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