OT - Gold - As I've posted, I'm interested in gold, given what a huge slump it has seen. One agency which predicts price (we know how flexible projections are) for 2014 as $1,172 est.

The current price is $1,132.  I've told myself that if it goes sub-$1,000/oz., I'd have to take a serious look at taking a position. But ABX, which is one way to play it, is setting new lows - just went sub $6 today. Their CEO had promised to reduce debt from $13 billion to $3 billion, has sold some assets and closed some high-cost mines. It *feels* cheap, but playing the market by how it feels is a get-poor-quick proposition. Even with China slump, it has to be back in demand some day. Haven't done a comparison to what prices were before the years in which price skyrocketed to $2,000/oz. 

Jim Rogers has changed his sentiment from 'if gold hits X price, I hope I'm smart enough to buy some', to 'a lot of people think that gold is 'holy', and they need to get washed out, and learn that markets can go down, before gold can make a bottom.' 

So I suppose maybe the best stance is 'wait and see', but it surprises me to see such a blowdown in ABX, and I'd think a rebound is possible. I remember Nsthil buying ABX when it hit 10, and sold at $12 in short order for a 20% profit. I wish I felt that confident that such a rebound might happen.