I was meaning to ask: where have all the goldbugs been recently? I have my answer.
http://seekingalpha.com/articles?filters=gold-and-precious-metals,articles
They're still here, they don't call themselves 'goldbugs' of course, they instead lean more to the description "investors whose portfolios include a metals hedge". I'm willing to make peace with that viewpoint because at least we don't have to listen to nonsense about the price of gold has to soar because they don't make it anymore etc...
Probably bought gold at $1600/oz., because Glenn Back told them to, and they don’t want anyone to know.