the way I see it ..... $us strengthening therefore POG falling US stocks recoverering therefore POG falling US economy slowing and MOST importantly inflation pressures falling therefore POG falling lower and may stay low. IF US economy and US markets tank then ... then POG may bounce up. will it happen ... who knows but i am waiting before buying back in. I have seen gold fall before and it ain't pretty. gold luck all. I have sold most of my gold and ncm and still hold some gold as a hedge.