With all due respect I have a hard time believing that the POG would go down to $860. People are too scared of all the other investments. I don't even think that anyone will be happy enough to remain in cash. The frenzy for gold has started and I have a gut feeling that the corrections will be short, at least not long enough to reach $860. I guess many investors would dream to hop on this train at much higher than that. As for the gold and silver junior & mid tier companies, I know several which already made between 80 and 300% in the last 3 to 4 months (check Gold Ore and Endeavour Silver for instance).