POG cut in half, at least. No QE3 announcement could staart the crash, or it could be something else. Margin hike. CB selling. Anything. I was around and active in gold in 1980, and this gold crash could be worse.
Yeah I remember trying to buy a house in 1980 .mortgage rates went to 16% . jobs were scarce and we had JIMMY CARTER as the peanut farmer President. Great times remind me of today except we have low interest rates , no jobs again and another incompetent President.