"Dubai downer" indeed

An article in Gold World News, "Dubai Downer To Stop Gold Charge," presents an interesting skittishness. It presents the gold bull market being stopped outright by the Dubai crisis, and supplies further items that suggest gold had risen too far too fast. The concluding paragraph says:

Clearly, this portends the end of the gold boom, with the economic depression set to cast its long shadow over the bouyant [sic] gold market. For many, it is a clear signal that the potential second down-leg in the world economy is here. Alive and kicking.

This kind of article would be pegged as "anti-gold" by gold enthusiasts. To find it in a Webzine called Gold World News suggests that bullishness is still not universal. We're seeing the usual journalists' ebb and flow, as driven by immediate-term ups and down, rather than a fixatious bullishness.