what they are doing is taking varience. taking the fat tails away. taking the upside of the economy away and taking what they perceive to be the big down side of the economy away. in a setting there's no room for dooms day gold trade. that's my opinion. >> scott graham, do you agree with that? is that message from the bond market as well? the fear coming out of here. >> economy is showing signs of real resilience in light of the sequester and tax increase. there is a huge difference between tapering and quantitative easing and i think bernanke is trying to get the messaging. markets are coming through the economic crisis that juncture very well. there is a fear factor alleviated from the marketplace. >> let me ask you, scott, while you're here, do you think some of the investors that are selling gold today are in fact putting money into stocks? is that a little bit of a rotation we are seeing today? >> well there is a global retags into the equity market. i'm not a gold expert. but i would have to think that gold has had such a good run, a fear trade

. >> there will be a price varience.l have it pay $25 to see the next iron man and you are probably going to have to pay $7 to see lincoln. there will be that is in our future as well. >> that was speilberg at university of southern california yesterday. what is the likelihood his prediction comes true and will mou movie-goers do it? julia boorstin moderated the panel. good to see you both. thanks for joining us. >> great to be here. >> what do you think in terms of movie-goers. do you invention that taking place? >> i think an alarmist opinion on stephen speilberg's part. there is truth to what he is saying. movie ticket prices in urban centers like new york and l.a. they are already climbing to pretty extraordinary heights. if you get something imax and 3-d you could pay over $20 a ticket. but the reality is, the national association of theater owners they still say that average ticket price in america is only 7.96. in small towns and with matinees, not all -- a lot of theaters there, their top ticket pro price tops ou