"Have a look at the gold chart when it got to $1920, it was parabolic."
depends what timescale you are looking at. if you look at it for 6 months it looks like it is going parabolic, but look at this 2000-2012 chart which puts that spike in context as simply a surge in a larger uptrend
http://www.kitco.com/scripts/hist_charts/yearly_graphs.plx
