Gold - Follow the Yellow Brick Road? - The Automatic Earth

``At the point where gold sentiment is the diametric opposite of its peak in 2011, price will be bottoming, but a great deal of upheaval will be unfolding at that point, and paper gold will likely be essentially worthless... Apart from the machinations in the paper gold, and silver, markets, physical precious metals are increasingly in demand, and for a considerable premium over the spot price as supplies tighten. The divergence between paper prices and physical prices will continue to widen, with a major discontinuity expected in the future at the point where extent of the paper Ponzi scheme is finally recognized.''