Gary Savage and the pundits on King World News see the gold plunge as manipulation, ie, a bear stop run to force down prices so bullion banks, etc. get bargain prices at the start of the bubble phase. Yes! Gary sees this bottom as the beginning of the gold bubble phase! Just look at the enormous volumes on GDX and NUGT! From weak to strong hands, nearly a $trillion's been traded since the downturn in April. France in recession, Austrailia, Isreal, etc lowering interests rates... I think smart money knows where this is all headed.