Source: The Gold Report  05/29/2009
Gold investors know all too well the psychological importance of $1,000 gold. The yellow metal’s been hovering frustratingly near that level for weeks after briefly surpassing it in February. According to John Kaiser, editor of the Kaiser Bottom-Fishing Report, “we’re getting very close.” In this exclusive interview with The Gold Report, John shares his “modest” price forecast of $1,300 – $1,400 within the next six months and presents strategies for gold companies looking to create value.

The Gold Report: John, you have said that you believe gold may go up to $1,300 to $1,400, but probably not higher. Can you give our readers an overview of how you achieved those targets?

John Kaiser: I think we’re ready for a real increase in the price of gold, which is why I am looking at more modest targets, such as $1,300 to $1,400, happening …

A gold bug who prefers equities as investments to bullion and bars, Midas Letter publisher James West expects his portfolio picks to shine to the tune of at least 15% appreciation on average. In this exclusive interview with The Gold Report, that sunny outlook stands in stark contrast to other things the well-regarded adviser sees on the horizon. He anticipates no letup in the storm of market volatility and holds out even less hope for the U.S. currency’s ability to stay afloat in a multi-trillion-dollar flood of new money.

The Gold Report: You’ve predicted that the United States’ defaulting on its debt is not just likely; it’s inevitable and imminent. Given the state of the world economy, can the federal government do anything to avoid this—and the resulting monetary collapse it would trigger?

James West: In pure theoretical terms, absolutely. Stop printing money and put the whole American system on a …

Headquartered in Vancouver, British Columbia, Hawthorne Gold Corp. (HGC.V) is a gold exploration and development company. Their corporate focus is on three key properties in this Canadian province. These properties are there Frasergold, Table Mountain, and Taurus projects.

Trading on the Toronto Stock Exchange (TSX-V), the company’s goal is to become a successful gold company through focused exploration. They are also working to achieve this goal through continued development of their current projects and through the potential acquisitions of other projects. The company’s direction comes from well-respected mining leaders Richard Barclay and Michael Beley together with mining veteran Michael Redfearn. Their mission is to become a junior gold producer through planned production at Table Mountain in 2009.

Hawthorne Gold Corp.’s Frasergold project is a multi-million ounce, open-pittable bulk tonnage potential project. They have an active diamond drill program there. It is a year-round camp environment with road access. This project is