I have been explaining the collapse in Gold that I said was coming, but nobody wanted to hear about it. Gold is just a commodity like Silver, Copper, Zinc, Corn, Wheat. Gold is used to electroplate some electronics and is used greatly in the Jewelry business. It is not money. It is not food. When push comes to shove and people in a severe crisis will need to eat, Gold will quickly lose value against eating for survival. Gold is hyped by shysters to no end. They make up outrageous lies that the governments of the world are going to go back on the Gold standard. The United States alone spends more money in a year than there are gold reserves around the world. No country is going to go back on the Gold standard. It would be more practical to go back on the Corn standard as there is a lot more of it and people can eat it. In reality, the US is on the Corn standard. Our dollar is backed by the productivity of the American people and by our natural resources that we can sell to the world for profit. The reality is that the US is many times richer than any other five countries put together. Our manufacturing is more than that of China and Japan put together. If we banned imports from those countries their economies would collapse. That is the reason why they keep their currencies valued way below that of the United States. They keep the dollar strong because they need to sell to us. Even Europe wants to see a strong dollar as long as we are buying more from them than we are selling to them. Funny how that works. Gold is worth what the Jewelry industry is willing to pay for it. Gold is subject to wide swings in price that is totally dependent upon the gullibility of people who buy it. That gullibility is totally associated with the hype from the shysters (like Ron Paul) pushing it to try to drive up the price so they can profit from the fools that are convinced via advertising that it is a good buy. I have seen gold CRASH in price several times in my life. It is due for a crash again.