Without being any kind of expert here, but having read many experts on occasion over the years, I see it possible that gold is currently below the marginal cost of production because of more paper gold being traded than there is physical gold to back it. From what I understand, it is impossible that there is not at least some downward pressure on price from that. Then there's a lot of secret gold and the potential for massive deposits to be found. That said, what I think will happen is that gold will pump, because why not?