It was COMEX options expiration today, so they got gold down near the big strike price at $550.

People are buying gold because it is now apparent that we are going to see massive inflation. Gold is the best hedge for inflation.

Today it's all about going for gold as an individual and the relationship often becomes a secondary thing.

It's a tough market today. The low-hanging fruit has already been picked. There are some nuggets of gold lying around, but you have to dig through a whole lot of dirt and rock to get to the good stuff.

I'm angry to answer such questions. I won a gold medal today, and I have to answer these questions.

It's the end-of-the-year foolishness time, where you can run it up and run it down $10 on no news. I think it's a sell. But the downside in gold is limited.