I dunno, I just don't see gold hitting $2000.

I'm only a newbie, but these are what my gut feelings seem to be based on:

1) Nothing touted by Glenn Beck will ever be true. (I.e., "once it's on TV, it's over" plus "Glenn Beck is a tard who either doesn't believe a thing he says, or is a fascist psychopath who should be shot".) :-)

2) The gold chart is flat so far this year. This cannot be explained by gold bulls without venturing into conspiracy theory.

3) Gold's actually going down against all other currencies. It seems people in the USA are most likely to be interested in gold, and that's fine: maybe compared to the US dollar, gold could hit $2000 in 5 years or so, but in my currency, gold's losing money. Then again, if the USD devalues by even 20%, your economy is going to take off like crazy because you'll have a newfound trade surplus due to exchange rates. American investors would dump gold for stocks of US companies with foreign markets.

4) Everything looks bad after a recession. Unfortunately, that's when everything is getting better.

5) Yup, I think world finance is screwed - except I think what we really need is a prolonged period of deflation to destroy all the fake money and fake credit that's been created in just the past couple years. Problem is, that's not going to happen, because Wall Street doesn't want it, and they rule the world. So instead of destroying their fake money and wealth, they'll destroy your real money and wealth.

6) Generally, once the money's been made, I don't jump into a position. The money has been made on gold, so the position doesn't make sense for me anymore.