Elprimero, thanks for a fine post providing perspective.

So many of the top Gold 'Gurus' have been utterly wrong in their predictions. There is one Guru who has not been wrong...LARRY EDELSON! Larry is the only person I listen to on Gold. For months Larry has stood alone in his long held belief that Gold has one more spiral downward before the rocket lifts off.

Hold your shares. Don't panic now. Probe is outstanding, and very undervalued. According to Larry, Gold will make its historic low in January, and explode up. Get set for a beautiful ride.

I don't think Larry will mind my posting a concluding comment he made today in a report devoted to another subject.

"As for gold, it’s looking weaker and weaker. Not surprising considering it has now fallen below both the momentum and trend ranges for 2014 that I have previously published in Real Wealth Report. Hold your gold and silver hedges, as it now looks highly probable that gold will fall to below $1,100 and silver to below $17 come January, which will represent the buy of a lifetime."

Jacki