Gold is down well over $200 since Friday morning. It is down $120 in volatile trading just this morning.
Why is this important? Another right-wing lie is falling apart. Hyperinflation has no chance of happening here. "Helicopter Ben" is not printing worthless fiat money and recklessly throwing it away. The US Dollar will not become as worthless as toilet paper. In fact, it has gained in value since QE began in 2008.
So for all you Ron Paul ZeroHedge goldbugs out there - you were wrong again. And when you listen to whackjobs talking about returning to the gold standard just remember this past weekend when real fiat metal fails you.