The gold market is much more interesting, though. Since topping at $1921.50 on September 6, gold appears to be in the early stages of a major level decline. I see from the chart in my side bar that it has now dropped below $1600, and recovered a bit this afternoon. That's a pretty dramatic 3 weeks. Gold should continue to slide for several years before it bottoms out somewhere well south of $1000 per ounce.
For more on gold, see StatsGuy and Karl Smith.
The problem with trying to figure a rational price for gold is that is has no intrinsic value - or, a least, none that makes sense in terms of pricing in a range approaching $2000. So who do you think could be getting this right - a gray-haired old man with nothing to go on but skepticism, or world-famous veteran speculator Jeremy Granthom, who bases his reasoning on supply constraint? Evidently he hasn't seen the links, above.