I was thinking the same thing, Garcia.
Gold fluctuates with the dollar. Ie, the dollar goes down, gold goes up.
I read that 90+ percent of investors expect the dollar to go down... usually when everyone lines up on side of the issue, it goes the other way.
Now, I dont think Gold is done for good. I think its just overpriced for right now. With the govt cranking out fiat currency by the tons, I think the long term for gold is good.