Anyone thinking that Gold has risen to it's full potential and is comparing Gold to Oil and the oil crash seriously has their head in the sand.
There is no comparison at the moment however if Gold had risen to US$3500 then I could understand some talk of a major correction.
What we are seeing is the beginning of a major rise in Gold IMO.
The more that we hear of the mess that the banking sector is in the higher gold will eventually go as more and more investors and countries seek a safe haven for their hard earned money.
Then once everyone thinks that Gold has peaked in the thousands all of a sudden inflation/hyperinflation will kick in (2010-2011) and will push Gold up to heights that probably none of us think is possible at this stage.
