I, for one, will step up and admit that i am in a constant state of disbelief to the disconnect between gold bullion and gold producing majors. Indeed, there are reasons [i.e. ETFs, margin calls] to the discrepancy as indicated by numerous experts but it still beggars belief.
I do however am glad to have put a portion of my portfolio in the physical bullion and as such have hedged my bets effectively. Hopefully, we see some movement into the gold stocks...ultimately, it depends on the movement of mass psychology.