Well, there are certainly lots of negative articles/spin put out by the gold detractors who are really quite terrified of gold....like Deutsche Bank with it's hidden gold swaps a la the good old USA.

The old argument that gold is oversold is nuts...just compare it to the price of oil and you have your answer. Gold and silver lag the prices of almost everything out there. then, of course, the massve 15,000 to 20,000 tons short by the western central banks is never mentioned. ... or the real possibility that the US has loaned/sld out all or most of its gold reserves now claasified as "deep storage" as in the dirt under Barrick's yet to be unearthed resources. That would be the same Barrik that is over 8 million ounces hedged out at $300 per ounce...that no neever talks about and that Barrick has even lied about. Convenient.

The western central banks are so petrified about gold moving higher that they are now at a point of no return and will/are doing anything possible to continue to suppress it.....a paper blizzard being one little tactic. However, the central banks will do all they can to prevent gold form convincingly taking out $1000 level again, so it may take a little time. Once it does though, there could be a dramatic shift in the way markets behave. As John Embry has noted, $1000 gold represents Custer'slast stand for the western central banks...and we all know how that ended. As for the junior gold shares, woefully undervalued by 8 standard deviations from where they should be...thanks to the US hedge funds, the day of reckoning is coming.