It’s not about price, per se, it’s about possession.
People holding “paper” gold realize they don’t have the physical stuff and are panicking.
Paper gold has been re-hypothecated many times over.
Time to pay the piper.
Also, CNBC sauid again this morning, this *proves* gold is jsut a worthless, shiny metal...
If it’s so worthless, why are all the central banks buying it?
I think you are right. Real gold/silver is on back order but paper gold/silver is being dumped (and rightly so). The media lickspittles are purposely giving the impression that real gold/silver is in a bubble and headed to zero. Hold on to what you have and buy more when you can because when the dollar/yen/euro crash within a year or two, I’m convinced that real gold/silver, farmland etc will go up over 500% (the amount that those currencies have increased since Hussein was elected).