I disagree with you long term, but you might be right short term. Commodities in the parabolic stage ofthen have sharp 5-10% drops. This happened in the last major gold move in 1979-80--there weree seveeral 5-10% drops. At $1,380, this means that at $138 point drop (maybe in one day) in gold is possible on some news. For example, what if the dollar rallies for some reason? Gold would plummet. But longer term, I am bullish on gold but ESPECIALLY silver.