Kevin, I'd have to agree with your forecast for gold, given a market correction in equties. The interesting part of any such correction will be the magnitude of price destruction. If stocks in the U.S. and abroad fall by 10-15% most institutions and home gamers will see this as an "acceptable correction" in prices, given an uncertain outlook, causing assets such as precious metals and commodities will cool in tandem. However, there will come a time at which precious metals diverge from falling asset prices, most likely in the 15-25% price destruction zone, where gold will come back and begin to represent the potential risk of long term price depression and inflation. If gold corrects below 1100 per ounce put a toe in the water, but get in heavy if we see prices near 1000 in the next two months.

Happy Trading