I wonder at the gurus/analysts and gold bugs who expect gold to go ballistic from what are considered to be lows presently but warn against the POG going south of resistance.... which would give all the indication that they might want to re-consider their position. If ever there was an invitation for anti-gold interests to jump in and use their fire power to affect a price drop I would say that would be it, particularly in the summer. After the initial volley the market would take care of the rest of a downward trend.

The above commentary is simply a "what if" and joins the other hundreds of theories both for,against or indifferent. I personally have no idea which way things will go..... just suspicions.