I agree...the thing that gets me is that the market is supposed to be "forward looking". I can't believe the "smart money" doesn't know that inflation is locked in. Not to be a conspiracy theorist...but I think that orchestrated manipulation of the COMEX as well as many mining shares has more to do with this than we like to think. I wonder if when gold finally takes off (they lose control?) whether they will confiscate it\change the rules. Wouldn't that be a bite in the ass.