Of course people are selling to take profits now. We wouldn't they when they can buy back cheaper later. Most people trade around their core position. Probably even you.

"when the 43-101 comes out...." what the latest Dale is saying? Mid 2009? what happened to December? Feb? April? It will come out when it comes out. In the mean time, people will make some money selling the spikes, buying the dips.

Besides, didn't you hear Gartman is shorting gold, so gold is doomed!