RE:Gold Price
A contrarian view on gold might be better than thinking what "should" logically happen. Being involved with gold for over 20 years, i can honestly say that the moves in gold mostly cannot be anticipated.
Which is why taking profits when given on gold stocks is a very wise imo. I used to think holding for the long ball was the right course of action...most definitely not. Sold my last EDV at ~38....bought back too early ~30 but at least banked a good gain. rinse and repeat.
tC