Jan skoyles, head of research at the real assets company has a good article going on www.24hrgold.com, on why tapering will have no effect on the POG.
My take How much longer will the Gold market keep getting spooked at the mere mention of tapering?. The FEDS will soon run out of believers and tricks, (with the believers being the weak hands that foolishly sell at the sound of a back firing Jalopy).
Another thing, The FEDS cannot completely remove the punch bowl, so there still will be money being pumped in the system. The World is addicted to the punch bowl. How much longer can the FEDS keep the Golden beach ball under water?
