High Bullion Prices

What does everyone think about the recent increase compared to years past in bullion prices?

Good or bad for the hobby?

I personally think it is good as it flushes out coins that may have been stored in a cigar box for the last 70 years that people were holding onto but can't resist the urge to cash them in for the melt value and then get them into the marketplace for collector to pick up at their local coin store sor ebay (unless some key dates get sold to some bullion scrapper who plans on melting them down)

I guess there is a small bad side as I had hoped someday to get a St Gaudens $20 but that will probably never happen unless gold goes downto $500.