### Comment:
My bad, can be retarded some times. Usually gold only rallies in terms of either very strong fear of economic stability or fear of inflation.  To the latter, we see almost no inflation so there is no incentive to buy an asset that protects against your purchasing power diminishing. 
  
 I'll also say gold is not a perfect inverse to the broad market. You can find times in which SPY declined and Gold declined. I wouldn't use it as your fear gauge.

### REPLY:
no worries, aren't we all retarded and just learning that very very very slowly :) 
  
 I guess my view is that if copper is going down, the future trend is that the economy is slowing so  
  
 I would expect inflation in the future and gold to hedge against that. This is neither, gold is not moving and copper is going down.

### END.