Mick16, that is only a speculation on my part.   I can see your point too which is more money bailout, regardless in what currency, makes gold more valuable since the amount of money out there does not decrease with more printing, it only increases, be it USD, Euro, British Pounds etc...   But I think the perception is that people now will flock to the USD since Euro is printing..... which makes USD look more "valuable" (compared with other currencies) hence the dorp in the POG....... But after a while, people will realize that the amount of USD out there is still there and increasing, the POG will recover....... And the other thing, oh yes, manipulation is still there...... POG will get smacked down whenever it tries to head over $1800/oz.......

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GLTA