well.i'm in agreement with you there zeev.it won't happen quickly.the other thing i see in golds favor is.tech is in deflation.prices just keep dropping.and i don't see that changing at all.especially with more tech jobs going overseas.
Fleckenstein has suggested that at some point we will have a crash like event to prevent all those playing what they know to be a grossly overvalued market via stops from getting out in time.
I note that the Nikkei just fell over 8% in 3 days like a bolt out of the blue. I would be amazed if something similar does not happen here before long.
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