We are delighted to see gold getting smacked down. From the International Business Times: Gold prices posted their biggest two-session drop in 30 years Monday as retail investors and large institutional speculators capitulated to a six-month downdraft that accelerated in the last week into bear market territory. The violence of Monday’s plunge reinforced the view that the 12-year bull market in gold is finished. In New York trading, a troy ounce of gold closed at $1,360.60, a more than 9% plunge and the most extreme drop since 1983. By the close of trading Monday, the price was off more than 13%, or more than $200 per ounce, from last Thursday’s closing price of $1,564.90.