My personal estimate is at some point gold and the Dow Jones Industrial average will meet at about $3000.
There is apparently a hold point for the Dow at 5000 but my guess is Gold meets the Dow at 3000. Once you remove the all the financial foolishness of all the bubbletron market there isn’t much left.
If you can’t stand a ride back to $1750 without a stomach lurch, stay out of this commodity.
It will go higher, but it has some backfilling to do first.
ping
My opinion is that it's OK to continue to accumulate, or to start to do so, but don't go all in at these prices. Silver is a bit safer, and platinum is much more attractive right now.