I don’t believe GOLD is going to break down. Why? The PM stocks are leading everything PM higher. We have asset inflation here engineered by the FED and the IMF in a deflationary economy. Therefore Socrates is half right, an economic downturn but an asset upturn. That’s my story an I’m sticking to it until I am convinced there is a different plot. Pun intended. 🙂 Keep loose bulls and bears. It’s just money.