goldbug wrote: Shadows post is a desperate and flawed attempt to slander gold. Never in a bear market does demand for an asset soar, even the paper gold is being converted into physical now.

wrote: This is probably the last true buying opportunity for the yellow metal in it's 12 year run, if you miss out at these prices you have missed out period.

wrote: Never in a bear market does demand for an asset soar

As an inanimate object, gold can't be 'slandered'.I note you don't actually attempt to refute the argument that gold has demonstrated the characteristics of a classic bubble pattern?It's pretty hard to deny, right?So all I have done is point out the facts. Actually it was Sydneyite who noticed it... I just put the two charts together.Yes, you said that last time it fell. Now it has fallen even lower and you're still saying it. You'll be saying it all the way to the bottom. Remember all the queues of people who backed up the truck during the previous dip, certain that the price would bounce back? Well now the price has fallen even below the last 'great opportunity to buy'. As it keeps falling you'll convince yourself that the opportunity to buy keeps getting better and better. All the way to the bottom. It's called catching a falling knife.You are displaying classic symptoms yourself... denial, and a belief that things will 'return to normal'.Any soaring demand is coming from people like you who are in denial that the bubble has popped.How long before demand completely evaporates and we enter the 'fear' and 'capitulation' stages...