*flota, I don't know what kind of methodology you trade on, but your thinking is backwards, you're looking towards 1980, 25 years ago while I'm looking towards 2030... if it was the top of the 1980 spike right now in $GOLD, then you'd have an argument... but we're in a different aurora now... get with the new man!
$GOLD is at $469/ounce, not $800... not even $600... not even $500 for that matter...
It's a great investment at these levels, but then again I'm saving some extra punch for when it retests $375-$425... IF IT DOES.
So you go ahead and wait for the 1980 top to break, meanwhile the SMART money will have accumulated long before that.