Hi lordelphus,
I understand your concern about the high gold price.
But you know humans are very strange but predictable when something rises in price everyone wants to own it.
Look at shares once they start rising everyone wants to buy into it on the other side once they go down everyone starts selling.
Gold will be no different, once everyone realises prices are not going down but are ready for the next leg up , buyers will come back for more.
When this happens the price will go up more and feed on its self.
Only a big sell off will attract more sellers and as long as that does not happen over a prolonged period of time the gold price will do well.
jojo
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