Why would anyone sell at these prices?! Good grief, you could've sold to all of us who were buying 3 months ago above $2. You are the type of person I want to buy a used car from....... Too high today, I'll check back with you in a few months when you're giving it away for nothing. If you learn nothing from Finance 101 I'll give you a clue: BUY low and SELL high - not the other way around!!
The people that believe gold is "collapsing" and the hedge funds that don't want to show gold on there books while it is "collapsing". I don't think that it is... but those are the people who are selling.