RespectI respect all of your opinions but you're trying to find logic in something that has been missing it for a very long time. Gold will go where they want it to go as long as people still have confidence in the system and that will remain as long as unemployment, welfare, pension keeps coming and dividend paying stocks remain strong. I don't see how this will stop with the Fed backing it, I mean it will eventually but that could be in 10 years and who wants to hold a losing investment for that long. Like they say markets can stay irrational longer than you can stay solvent. Good Luck