Paper gold is leveraged at over 500:1 to real gold, this has suppressed the price. At some point the number of people wanting physical delivery will increase then the house of cards will fall.
Paper gold will be crushed because $5,000,000,000,000 will be released from the stock markets. Apple inc., Google, facebook, amazon going back to $200 billion. Now these 4 companies are worth $2.5 trillion.