Hello peers I smell a trap, after reading countless articles about naked short selling of JP morgan and other vestigial organs of the Fed throughout the years. I came to conclusion that Fed wants price of gold and silver as low as it can be and rumors are they largely succeeded because gold would be 3000+ if it wasn't for Fed efforts Now that none of the fiscal problems are fixed, on the contrary we have even more problems and bigger debt. How do you explain a drop in gold? Consider this, regular people are not into buying gold. Gold is NOT a bubble. Fiscal problems are not fixed. So why is Gold dropping? I believe that through magic of naked short selling, Fed will manage to bring price of gold even lower. In order to try and force natural selling of gold holders. All of this will work until it completely blows up and gold shoots to 3000+ Market manipulation short and simple, and I personally believe this will blow up by end of 2012. I am not going to sell my gold bullion which I bought at 1600, not for at least 2 years, until I see how this mess will end.