Gold has been on basically a 12 year bull run. What goes up must come down. The stock market has gained seven percent this year while gold has dropped six percent. Investors are taking there money out of gold and funneling it back into the stock market. Last year the price of gold was propped up by what seemed like a never ending soap opera with congress, debt limit, greece, The euro collapsing, Etc. It has been relatively calm this year as far as crisis that affect the US economy and gold as a safe haven. Just an opinion though.
Bookmarks