“One of the things that you’ve seen in terms of weakness in gold has been the fact that many of the physical gold traders have experienced a liquidity crunch. This has forced many people to the sidelines. The way I see it, with the competitive debasement of currencies on a global basis, gold holders on a two to three year time basis should do very well.
"Gold holders in the short-term may be hurt as a consequence of continued strength in the US dollar because of the ongoing problems in Europe.” - Rick Rule on King World News.
[Note again that liquidity is brought up again as an issue being faced.]