I tend to agree that it very possible that gold will drop more. I have heard maybe as low as 950 give or take. but, with the world economy in the shape its in, I can see may ways we are pretty much at the bottom. I bought in @ .55. I plan on buying more @ .40-.45 if it gets there and the company fundamentals are still there. I read another article yesterday where many have dismissed gold/silver as dead. They are also saying the stockmarket can only go up from here and issuing buy recs left and right. I think this signals the beginning of change. I think by the end of next year the market will be lower and gold/silver will be higher.