Gold again

I learned a couple of months ago that it is extremely difficult to trade Gold.

When my position in Gold was up $4000 the other day, I said that I wouldn't sell it because I am more then a little worried that it will be needed as a hedge against some unknown event.

Now, this amazingly volatile instrument is only up 1/4 of that today. I do think this is profit taking though, as opposed to deflation fears. I think it's been well-established that all commodities are going to be increasing in value because of demand from countries coming out of recession.