It's been interesting watching the gold market over the past couple weeks. As an someone who follows markets closely I expected the price of gold to increase substantially amid a lot of fear and speculation that the Euro could break up as a currency or that Greece may default.
Through all this gold still hasn't had a particularly strong day for volume or price appreciation, which one would expect from the most common currency 'hedge'.
Does this signal the end of the gold boom? Probably not, but it's likely the end of unlimited upside to gold.