Do chinese grannies know something that we don't?

"As someone from China, when I see the picture of lots of Chinese women (and men) CRAZE for gold (just like they think gold is currently on a 'special discount'), I dare to predict the fall of gold. I never predict the future, but when most of Chinese women are crazy buying something, they ALWAYS lose. This patterns happened in nearly the entire Chinese history, and obviously it will continue into the distant future, and especially this time!" quote by Jack Xiao Chen => http://twitter.com/xche6670