RE: Pull Back in gold There is no doubt that Gold will pull back and see MINOR corrections along the way but, metals in general are in a secular bull and will be for a number of years.
If you are a long term investor, K is still cheap at these prices. One only need look at the projects that K is involved in or currently developing to see the value.
The consensus is, K will reach $22.00-$26.00 by spring.
However, if for some unkown reason, Gold Bullion prices fall through the floor, so will K share price. The large cap Gold's are tied to the Gold price very closely. But, that is not expected to happen anytime soon.
There are other undervalued Gold Companies out there that might also peak your interest such as, IAMGOLD,& GOLDCORP to name a couple.
Hope that helps...
Mad