thank you mr. bernanke, page-8

I think as I said in a previous post, gold investors are moving away from long term investments which OGC become when it said it would plough money into a Phillipine's mine. Worse still they will probably dilute with another SPP to do it.
Gold could be below $1300 if the Middle East crises eases and no one wants to be caught with sinking gold mine shares and no dividend, me included.