Also this video link from Kitco:
http://www.marketwatch.com/tvradio/player....5E-EB14FDFB8669
States that gold has risen $250 on the back of the current credit crunch losses of approx $500billion - and he states that much of the remainder of potentially losses are a known quanity and therefore priced into gold or implying it won't rise much further.
Any comments on this from those with more knowledge than I as I don't know enough to qualify his statements.
Thanks,
SafeBetter