“Those 'Chicken Littles' who were saying that a plunge in the Gold price to USD 800 an oz (and lower) have now been revealed as totally misguided alarmists.” As a Gold Agnostic this is an interesting statement. Would you say that those who expected the POG to be $10,000 or even $155,000 (well done ourlady) have been revealed as’totally misguided alarmists’? These wondrous predictions are somewhat short of today’s POG. Today was about a stronger AUD: the POG in AUD is essentially unchanged.