Gold has broken some key technical support prices. While we are happy that gold is moving upwards we are mindful of the fact that there are a lot of ‘gold bugs’ out there promising miracles in terms of price. Many predicting $2,000/oz is not far away and some even higher going ballistic at $5,000/oz and more. We also know that some commentators like Harry Dent of Dent Research think gold remains on a downward trend and that this recent hike is an aboration and gold will sink to around $600/oz before hyper inflation from money printing kicks in. Going to be fun either way!