Nothing could be further from the truth ! Gold is headed in only 1 direction over the next yr - upwards! Yes, there will be temporary pullbacks but this is normal for the profit takers. Worldwide gold production has dropped 9.3 % since 2003, the U.S dollar & other world currencies are being diluted as the money printing presses work overtime. Inflation is inevitable, unemployment is increasing as more people stop looking & others take temporary work at lower wages. A possible Major Depression is on the near horizon as dark clouds continue to form.
The outlook for Gold is glittering - pardon the pun!