i believe once the economy stablizes (2-3 years) then gold will tank.

What good will gold be? it's not tied to the canadian dollar like it used to be.

gold has no value, why is gold worth 1500 an oz?

the answer is that it's not, what good is gold? the only thing it's used for is jewlery or science related for the most part. Most of the scientific stuff they use like say gold nano particles and what not requires small amount of gold. I won't venture a guest what % is used for jewlery vs bullion vs other stuff but the fact that people think gold has value will eventually blow up in there face.

What good is pound of gold sitting in my house. pretty much useless. Its not like it's easy to sell either, given it's easier now then it used to be but still.

I think eventually the world will catch on that gold is useless and pointless and eventually will fall back to its 200-300$ lows.

Thats my take, but i can't predict the future so i can be far off in left field.