I don't get what's all the panic about gold price in last weeks. If you look at the last weeks/months, the % rate at which the price is rising hasn't increased but it's been the same as for the last 6+ years, and with the same pace it should be easily over 2000 usd before end of year. Even hitting 2000 at the end of this month would not be a faster change than what we saw already in the past 5 years. If it gets to 3000 this year then you can start to worry a little.
Gold having a "highest price ever" isn't really any news, this event has happened literally 100's of times in past 5 years.
Btw. at year 1970 gold was at 35 usd/oz, at 1980 it peaked at 850 and never been below 250 since then.
