You were the only one who acted on my post. You are up around 20%, as per my vague recollection. You bought when gold was "too high," and, once again, the Great Yellow Turd is "too high...er."
I don't predict this shit. But you are now sitting on 20%, while others are butt-fucking each other for 3%.
Hold that coin.
Now that gold is busting higher, the media geeks are questioning the move. And the apocalyptic freaks are foreseeing the end of days. Neither will be right.
The best gold-related investment/speculation (which ARE you? -- you had damned well better know...) vehicle is Yamana Gold (AUY, NYSE, or YRI.TO, TSX). They are being beaten up by the press for missing earnings by a cent or two for the last 2 quarters. The stock closed Friday at 11. Buy the dips. Downside risk on a thousand shares is 2 grand. Upside reward is 9 grand, and possibly more. My kind of trade. They produce gold at 200 bucks an ounce, and they sell it at WELL North of 1100. What else do you have to know?
Gold miners comprise a paradox. They own depleting assets. They pull the stuff out of the ground, sell it, and it is gone. Yamana has quietly spent the last 5 years INCREASING their in-ground reserves. They are NOT caught in the "depleting assets" trap. They are INCREASING production AND reserves, because Peter Marrone (their CEO) was smart enough to buy Northern Orion and Meridian a couple of years ago.
Sometimes "the markets" are wrong. This is one of those times.
Otherwise, hold that coin. The creation of paper is an endless and non-punitive process. And nothing is going to stop it.
Good luck, and I hope your life goes well. Which is more important than gold OR paper.