
* Backs 2011 gold output view of 80,000-85,000 oz (Follows alerts)
Feb 22 (Reuters) - Richmont Mines Inc posted a fourth-quarter profit, buoyed by a 43 percent increase in ounces of gold sold and average prices, and said it sees higher production in 2011.
Ian Wyatt submits: If you want to get rich from gold and silver, physical bars and coins won’t cut it. Physical metals are great as a store of value, but that's it. The best we can realistically hope for with gold and silver bullion is to stay one step ahead of inflation, and protect our principle.