re: "My theory, when folks need money to cover, they sell their winners."
That's fine, but selling gold for dollars??? That verges on insanity.
The only GOOD reason to sell gold, imo, is when there's something that's needed. But then, I don't recommend gold for short-term speculative reasons. I recommend it for long-term preservation reasons.

Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months