Maybe so, as Gold has already fallen about $40 from it's early morning record high. The GLD chart looks like a potential island reversal in the making and a dangerous bull trap if it plays out. The panic move into Gold in the last few days does not have the support of either Silver of the precious metal stocks, suggesting that when the panic subsides bullion could correct quite sharply. Too many retail specs buying into Gold on this blast for my taste with even CNBC now jumping on the Gold bandwagon...interesting day ahead with the Fed on deck.