Is The Perfect Storm Coming For Gold?

http://www.zerohedge.com/news/2013-12-15/perfect-storm-coming-gold

With the Federal Reserve on a fiat currency suicide mission with QE forever, and the U.S. federal government bankrupt, the days of dollar supremacy are in its last days.
For gold though, the central banks have really screwed themselves.
At a price of $1,250, gold mining companies can no longer make a profit. Recent studies show their all in cash cost anywhere from $1,400 to as high as $1,700. Liquid fuels, human energy, and new exploration are costly in the mining process, so it is unlikely these costs can be cut to accommodate the low gold price.
Since gold's peak in 2011, the TSX Venture exchange, home to the worlds gold exploration companies, is down more than 59%
The gold juniors index, the GDXJ, is down 83%