Quote Originally Posted by easyrecycle View Post
Yeas gold is dropping like a rock but at this time of year gold drops real bad but comes back up at the start of the year. Now I would state that gold dropped a bit more and a bit faster than I had thought. But gold stay in the upper 1700s longer than I thought it would.

But look on kitco. com at the 5, 10 year. Gold will drop at this time but will pick right back up.
I am with you on that. It is a too hard and too fast drop to not go up at least half way in a day or two time. Crossing fingers and knocking on wood. However, a sustained drop in gold would lead to the presence of an actual recovery. So there are mixed emotions on this. I will take the current stance that there is just some profit taking right now and we shall see a fairly quick rebound of at least half the loss as soon as the drop stops.