Learning from yahoo rby fans, I think this gold/stock market down is caused by the Fed auction trick. Fed has a bond auction from 12/03 -12/15. I expect gold/stock market back up after 12/15, just like it did last time from 10/20 to 11/03. Fed has many ways/friends(GS,JPM) to make 1-2 week down trend to make the t-bills attractive, but they can't change 1 yr US dollar index declining trend from 89 to 75.

With $14,000B debt in 2009, 8,000B debt in 2007, there is no way that US gov can reduce the debt to 2007 level in 5 yrs, other than depreciating US dollar by 8% per yr, with massive bail out/stimulus programs/healthcare reform to break the current monoply going on at the same time. No worries. Every new/free dollar printed has 40 cents from foreign central banks/investors, 60 cents from all US saving accts. This fact and the declining world gold production are enough to support a solid gold price above $1000. The average gold cost world wide is around $500. So San Gold and rby will be next big winners with huge rice lake/red lake(10+ MOZ) deposits and their strategic large land packages.

JMT.