"But this is a world where large entities, including governments, don't need to be responsible for the 'paid back' side of the deal and so, gold has sucked because there seem to be no repercussions for it to protect people from. They are creating debt and confidence money and this stupid rock is below the pre-Bretton Woods levels in Money Supply terms. All the more reason that the 'gold is not about price, it's about value' mantra holds up just fine. It's price sucks and its value in a traditional sense measured by out of control governmental money creation, has never been better." http://www.safehaven.com/article/36953/gold-sucks