Gold seems to be in a sideways to down formation, and that may have taken a little of the wind out of the sails of the recent longs in the market, because the market didn't continue on from last week's highs.

Gold seems to be marking time, waiting for some new developments to take place. It's a little undecided right now.

To get a gold is a feather in her cap.

Historically, the public has had their ear closer to gold and silver, but I do think that with the advent of index funds, the pitch is out there, and people are viewing the commodities like grains as an alternative investment.

If somebody is super-wealthy and wants to be super-safe, owning some gold is fine for them, I personally don't think they'll see a significant rate of return on it.

It's a Friday. Some people wanted to flatten out their positions and take another look at it Monday, which is normal. That was in both gold and silver. They are following each other pretty closely.