But if and when the FED finally gives Americans an "interest rate" that is not zero...
There could be panic selling of gold that would be a buying opportunity...
The Hedgies are running the market now...and they all think alike...
The flight from gold later this year could be a mass exodus by the Hedgies...
But then it would likely be "in response" to the FED "seeing inflation"...probably in the oil and gas markets...
So like most things on Wall Street irrationality rules...and group think is the norm...don't fight the group think...go with it.