Not likely (they better not - what would that say about the world economy?) but here's an interesting take on the possibility on the Business Insider website.There is a graph at the link.
You may have heard of the "Pareto principle" – it's often referred to as the "80-20 rule." The idea is that 80 percent of the effects of something come from just 20 percent of the causes – so maybe 80 percent of people control 20 percent of the wealth, or 80 percent of sales come from 20 percent of your customers.
Zero Hedge posted a new report by Erste Group, the Austrian investment bank, which says this principle can be applied to bull markets as well, including the current bull market in gold:
80% of the price performance tends to occur in the last 20% of the trend. The third and last phase is the phase of euphoria and ends in a “blow-off”, i.e. a parabolic increase. It is dominated by excessive optimism and a “this time it’s different” attitude. Gold would probably be increasingly traded in backwardation during this phase, which would be a clear sign of a buying frenzy. At the end of this cycle the smart money will have distributed.
Erste analyst Ronald-Peter Stoeferle says that following this line of thinking, you get an $8,300 price target for gold by the spring of 2015 ...