In my opinion, given the overall bearishness, if the economy and such was so remarkable, gold would have sank by now. Even four-year highs on the DX couldn't send it before. Gold , for lack of a better term, is a hedge against and government idiocy, which has reach historical levels.
Gold is a means to an end. Ralph Waldo Emerson said "the desire of gold is not for gold . It is for the means of freedom." Goldman Sachs won't scare realists from a real asset.