Bear talk is all just talk and they are not putting the money where the mouth is. However, bulls should not think it is going to be straight up to 2K from here. Gold/Gld could gain about 10% this year and unlike 2013 gold could either equal or slightly out perform S&P 500. We will see a lot of volatility but gold price will slowly move up. 2015 is when gold is likely to outperform S&P500. I expect gold to trade between 1200 to 1350 most of the time with a bias towards upside as year passes along. I am basing this argument on my analysis of 40 years of average gold price and S&P 500. In the immediate future, I think GLD/gold is likely to take a breather and may be retest the 1150. Unfortunately Most commentaries I hear from accomplished money managers on TV are biased and irrational.