I follow an old fellow, he is amongst the top 10 gold timers.
---Inflation/deflation cycles world wide will continue to operate even if all countries went on the gold standard (which would be excellent though no doubt politically impossible).
His call is for the K wave to kill gold as well. He is calling a multi-year top in gold here.
If we look out to 2013 to 2018 that is too far away and too many political events to determine. At some point maybe we see a gold/dow ratio at even - not at all saying you are wrong. Just saying history does not have to repeat.
Retest of the $500ish level with $450 holding massive support.