the graph for gold is and has been following money supply. as that is continuing and gaining pace, there is more chance that it will continue to follow the same pattern, no matter how much scaremongering about cypriot gold sales, or whatever it was that set the tumble on friday is bleated by the Banking cartels in the US who are tryingt o protect their positions, which is dollar protectionism.
and with the amount going higher glabally, Londons BoE saying they will do more, and new players coming to teh game, i think the POG may drop in the times its under applied pressure form the cartel, but the value of PHYSICAL gold will not. i bet you cant wait to be proven right can you, but it is not now, as it wasn't the last dozen times gold has dipped and you have danced around the bonfire, only to watch it go out.
