This is as good an answer as any, no?
Link:http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/5/30_Fleckenstein_-_The_Fantasy_Will_Die_%26_Gold_Will_Skyrocket.html
Snippet:
... You know the overwhelming majority of the investment community is massively negative on gold, for reasons that make no sense -- that is, a self-sustaining economic recovery and the Fed and all this other stuff. It’s all nonsense. But they believe it and they are voting in bigger numbers and so gold goes nowhere. That will change but I can’t tell what day it’s going to change.”
Comment:
When it comes to mania, fundamentals don't mean much, I guess.
Hang in there!
"We live in interesting times"
Good Luck to all!