Does someone know something I don't?

Wild swings in the price of gold are nothing new.

10% to 20% declines have happened almost every year since the gold bull started.

http://66.38.218.33/charts/historica...

and every time it has happened the chicken little crowd has called the commodities/PM bull over.

I do not think so. Governments that are in as much debt as the US government can not afford deflation. They will create as much money as necessary to make sure they can fulfill their obligations with depreciated dollars.