so should we plunge or pull out?

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Added on September 6, 2011, 11:15 pmcurious one thing, shouldnt we be monitoring the gold counter rate of the banks since we are dealing with them?

possibly that investors sold their gold to cover losses in their Swiss franc holdings. Switzerland announced to cap the Swiss franc limiting to gain against euro and would do whatever it takes, including would buy almost unlimited amount of foreign currencies.
"They're basically saying they're going to buy a bunch of junk so you shouldn't hold their currency" said Charles Nedoss, a senior market strategist at Olympus Futures.
Gold also pressed lower as the dollar strengthen against the euro and franc.

Even that is speculative.....there are no guarantees......especially when someone buys gold at the rising price.
We may see still see the gap at $1675 to be closed.

In 2004, gold returned 'only' 5.37%..........so theres no guarantee

You message is misleading..........even with 50% over two years

Wall St closed 2.5% higher, following the German court’s rejection of
lawsuits barring bailout assistances to Europe. Market also gained
ahead of Obama’s USD300bln jobs proposal Thursday. Banks gained
following the management shakeouts at Bank of America. Gold
tumbled.