Who thinks gold is in for a sudden and deep decline in value?

I'm afraid we're going to see another 2008 type decline in precious metals. Could be as soon as next month, or by end of the year at the latest. I think it might be even worse than in 2008. I am concerned enough that I'm going to start selling off some of my gold next week. I don't want to hold cash, though, as that's going to be at least as risky. Does anyone else see this happening?

 

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The demand for gold is increasing and the mine production, especially from South Africa and some other African nations are on a free fall. I think the gold prices are in for a steep hike at any step. And more importantly no one is talking about any large new gold mines. So no chance of an increase in output in near future.

 

I agree, gold has been going for higher prices these past few years, and it's only going to rise.
People are afraid of paper money, they think it'll drop, USA's economy is in the garbage disposer, people need gold, as it's more reliable, demand is rising, it'll only go up.

 

After the recession, for me gold seems to be the only stable investment option. Stock market can crash at any time, especially as crude is trading over $100 now. Whenever crude goes above 100 USD, investing in stocks become riskier.