Gold under-performed relative to both the STI index and the DOW since Jan 2013

Looks like Gold is ready to flip from being an under-performer to an out-performer again? Time will tell...

Long-term Silver chart by [Peter Zihlmann / Andrew Portmann, P. ZIHLMANN INVESTMENT, www.pzim.ch]

Jim Rogers: “Thank Goodness” For Gold’s Correction - June 17, 2013 Kitco News

"Kitco News asks Jim Rogers his take of current events like Deutsche Bank's new gold depository in Singapore and the two new Chinese ETPs. Rogers also talks about how India's Finance Minister Chidambaram repeatedly urges the public to stop buying gold, stating heavy gold imports hurt the Indian economy. Finally, Rogers says that the gold correction in April was necessary for gold to avoid an even worse crash. Despite the April sell off, Rogers is still purchasing gold (and silver)....In regards to Roubini's bearish comments on gold earlier this month, Rogers says he'll ignore those predictions." Kitco News, June 17, 2013.

Original source:

http://www.kitco.com/news/video/show/on-the-spot/336/2013-06-17/Jim-Rogers-8220Thank-Goodness8221-For-Gold8217s-Correction----June-17-2013

Eric Sprott: Physical Demand for Gold and Silver is Draining Supplies, New Highs and More [Eric Sprott, President and CEO of Sprott Asset Management]

Eric Sprott discusses why he thinks gold and silver will make new highs in late 2013 or early 2014!! Doesn't mean he will be right, but it is certainly worth listening to why he holds this view.