The Fed keeps selling the idea that there is none....but everything including the Big Mac keep going up in price or smaller in size (good for the waistline)....Matt said it tonight...it has been sitting here and is going to break one way or the other....the long term trend line still has not been hit and although I am long here this could still be bottoming and lower price could easily happen.  There is no shortage of gold.  But there does seem to be a shortage of buying of it....alot of hedgies sold, India is clamping down on purchasing of it due to there Ruppie problem.  China may slow down there buying because there real estate problems could start to pop that bubble.  The only thing that is going to get gold really going is INFLATION.....