Dukes, thanks for that excellent, thoughtful, civil response.

Gold is down, what, 35%-40% off its highs, something like that?

And you say that it went up for 12 years straight, so it has the right to a large dip? Yes, I would say that's reasonable. But it may climb back into the Fibonacci box, then fail, for example, or, may keep right on running, I sure don't know.

But here's the thing, gold went up and up and up, and now down, and from here, who knows, but look at what's happened to the junior minors - so many have been absolutely killed (off 90% or more, and many have failed or will fail)! I would love for AUM to be down 50% from its highs.

See, to me, in the face of whatever forces that may be manipulating gold, we are but ping pong balls bobbing in the ocean, yet we write as if we are masters of our journey. We have watched some real wealth destruction, in the face of many "gurus" telling us juniors were the place to be! It's one thing to be wrong, it's another to be soooo wrong!

Now, I'm not saying anyone should be selling, heck, every dog has its day, and I'm hoping we have ours and it has legs. If you've held this long, then to sell now makes no sense. But to think we are going to recoup the money that has been lost over the last four or five years, I think that's highly unlikely. But, for now, pm's and stocks may well be as good as any place to be, and possibly better than most.