http://www.goldtrends.net/FreeDailyBlog?mode=PostView&bmi=1267250^ here this guy gives a 3 stage theory on gold's loss of value recently.
1) "FED will no longer QE"
2) "Cyprus to sell gold"
3) Crash the physical gold selling system so people can't sell in that market
However... before all this I read plenty of tech analysis saying gold and especially silver as in a downwave generally for this year.
However, the theory regards gold is useful for the Bitcoin price fluctuations we've seen, especially regards (3)