Central Banks and governments around the world may be getting tempted to sell their hoards and get some cash for the gold. They all must be aware of the stigma that Gordon Brown and the British establishment faced when it sold its 400 tonnes of gold reserves between a price of $256 and $296 an ounce during the 1999 - 2002 period. This ended up being the bottom in the price of gold, which then went up for the following decade.
Is there another sucker waiting to dump their gold? Or maybe it's not a sucker, but an astute central banker. Time will tell.