GLD vs. all else...

If you measure from when all was blissful in the world 05/06 and through all the manic post crisis fed printing. The one asset that appears bubblish is gold when compared to everything else that should have been impacted the same way as a result of the fed desperation,  i.e. the CRB (crbq), Russel 2000 (rut-x), copper (jjc), gasoline (uga)  If you use debt markets as your fortune teller (despite fed molestations) one would have to assume that gold has gotten ahead of itself...