Notice that the author is talking about ETFs, electronic traded funds. There are people that are afraid that ETFs do not have enough physical gold to cover the transactions. What would such people do? They would sell the ETFs and not buy anymore, this would also lead to drop in volume.

Another item is that IRS is making waves about precious metals in IRAs. That would also make people buy other investments which would lead to low volume.

ETF = Exchange Traded Fund

But you must admit that ij70 has a point. Given Madoff & the other recent scandals; a level of trust in the ETF is required. Holding the actual gold in your own hands is the alternative & if either Mr. Jagerson or Mr. Liber know a way to measure that figure it would be instructive.

Alternatively, gold has had it's run up & hasn't climbed significantly in a while. The stock market isn't crashing anymore. The much-balyhooed inflation hasn't arrived. Maybe gold simply isn't as attractive these days.

I buy the physical gold and silver. These clowns want you to invest in the Ponzi scheme known as the 401-k or the IRA. They've ripped of the first generation of investors, now they are working on the second generation. from here on out it's nothing but precious metals and CD's for me.

Gold NEVER loses it's luster. The Fed and the President have to put the dollar back on the gold standard to stop this economic free for all. They have to be accountable for printing dollars and spending and backing the dollar with gold is the only way to do this. then The Fed needs to be audited! join these two movements to get something positive accomplished and to take the power away from Congress and The Fed: FairTax.org and auditthefed.us

think you all better sell I bought at 277.00 a oz in 98 and sold it first time it broke 1000.00 buying at this high price is crazy. sell sell sell.............lol before it goes back down

When the market digest the true numbers on Wall street, gold will soar. The obama administration is releasing info on the economy touting a recovery. However thes numbers will be found to be artifical, and short lived. Resulting in a double dip, because these policies are meant to skew the numbers in the short term, so that the administration could have an easier time trying to push his agenda such as healthcare and cap and trade.

I would like to see the price drop so I could buy more gold.
I don't buy paper gold I buy hard coin and pay cash for it and there is no paper trail and vendors still want a
premium over spot its not loseing its luster it just people don't trust paper.

It does not hurt to own a bit of gold in the form of coin. Value never goes to zero.

Is it better to invest in gold or should I invest in Time/Warner/CNN?

....nobody is buying gold, that is why the mint won`t produce anymore

...consider that IMF bases gold value at $40.00 before you put too much into gold...govt has been a bit sneaky before ya know

Yea!! Gold is losing its luster and toilet paper(money) is the new standard every idiot is investing in. Sheepish Idiots. Invest in manure, at least it will grow something!

you said it paul.

Gold "losing its luster"? At over $900.00/oz.? All my investments should 'lose
their luster' like that. Well, I hope it does go down, I can
pick up some more.

Nope,only for the dollar suckers being set up! Of course as long as Rockefeller keeps the US military occupying the middle eastern oil fields so he can give the Communist Chinese drilling rights I suppose the dollar will have some support.(China and BP just locked up the best oil pool in Iraq) India is waiting for us to clear out the Taliban so the Trans Afgan Pipeline can begin construction. Asian Development Bank resigned that deal back in April of 2008. Caspian gas! India's the only market large enough to suck that up and they're booming!(call up AOL tech support!-Mumbai) Well, it's off to Walmart to check out the latest Communist slave made crap at Walmart then back home to watch Hollywood Insider and Britney's new boobs. Orange Alert!(that's for citrus)

If gold is losing luster, how come China, the biggest holder of US debt, buying by the BILLIONS?