Here is the chart for the last 2 years. Notice the low volume smack down to 10 cents before it went up to over 40 cents a few months later?
We're swimming with the sharks here. I, for one, don't want to be like those poor schleps who missed out on a 400% return because they got spooked.
Of course, if the fundamentals change, I will change my mind, but the weekly ebb and flow of the gold price doesn't worry me one bit. Unless, of course, the trillions of dollars in US debt, plus trillions more in unfunded liabilities, suddenly get wiped clean, by magic.