Ultimately I think that gold will have to be monetized to restore confidence in the financial system. I have seen credible estimates that when that happens gold could be anywhere from 2k to 3k to as high as 12k depending on the form and extent to which that takes place.

I always have an eye on a possible exit point but at this point I see no good reason to abandon gold.

It would be like canceling you insurance policy during a hurricane.