I learned my lesson about talking finance on a brewing board so I wont do it. Don't worry, my days of ranting are well over, we have the government we deserve and that's that.
That being said, CME just raised margins again on gold, this time up 22% http://www.cnbc.com/id/44097598
This will reduce the mount of leverage people can use to buy gold, which will cause sells. As price falls from supply/demand, it will force other margin calls. It has happened a few times this year already, and you can see the violent whipsaws in the chart.
Anytime you see parabolic blow off, you need to either find the exit or expect the eventual reversal. yadda yadda short term trading versus long term trend, I get it, but in the short term, gold looks overbought to me. good luck to you.