"Investors also sold gold because the metal has failed to keep pace with oil's advances, analysts said. "

They're full of "poop!" In the end the Gold/Oil ratio will tell the story! In January 1980 it was 21, today, approx 7.6.

The lower the #, the more violent the up move for Gold when "exuberance and euphoria" set Gold's price!

In 1980 inflation set the stage! It will again, for all the same reasons.

RUF