Than you do not understand commodities pricing. Gold is just another commodity like oil. The oil prices shout up above $100/barrel when actual supply and demand should be at $30 oil. Well we are back to the oil prices of ten years ago, so gold should also continue its plunge below $1000 on its way to balance which is closer to $600 or less as it was when oil was at that price. In reality compared to oil pricing gold should be back down to $400. The petro dollar is struggling and could collapse anytime. Speculation and fear are no way to invest. You want to make a good return by investing in what people need and want in the market. People that purchased gold at $1,400 and higher because Obama got into office are going to lose their shorts. Guns and ammo have a higher margin of return on investment. Martin Armstrong is the most accurate forecaster out there and has pegged it right, this is not the time to buy gold. Do not buy gold now and do not sell now if you are locked in at a higher price because it is going to continue to fall. People buy gold as a hedge against government failure, but should never buy it as a hedge against inflation. Cash is king right now.