Why the price of gold may jump 20 pc

Reasons Gold Neared $2,000 Still In Place - Frank Giustra [KitcoNews 25 Sep 2014]

How low can gold and silver go? [By Dominic Frisby, from MoneyWeek 24.09.2014]

 

Source: MoneyWeek

Still A Buying Opportunity In Gold Sector: Rick Rule [Sprott] | Kitco, Published on May 13, 2014

Rick Rule shares his insight in the gold sector and says investors can still find buying opportunity at this time.

What’s The London Silver Fix, And Why’s It Going Away? [9:52 am ET May 14, 2014 COMMODITIES Wall Street Journal]

Article by: Francesca Freeman and Ben Winkley on MoneyBeat

Link: http://blogs.wsj.com/moneybeat/2014/05/14/whats-the-london-silver-fix-and-whys-it-going-away/

Silver Fix Gone, Is Gold Next? - Jeff Christian | [Kitco News Published on May 14, 2014]

JPMorgan defeats appeal in U.S. silver price-fixing lawsuit 27.Mar.2014

JPMorgan defeats appeal in U.S. silver price-fixing lawsuit

http://www.reuters.com/article/idUSL1N0MO13E20140327

Trader Dan's opinion on gold manipulation

"Keep this in mind - specs drive our modern markets - when they are buying, price rise. When they are selling, prices fall. Specs have had no reason to buy gold until apparently the start of this year but more so apparently since the start of this month of February. It has nothing to do with backwardation claptrap, lease rates, JP Morgan, and all the usual BS that so regularly pollutes the web in the gold bug community." Trader Dan Norcini.

SOURCE:http://traderdannorcini.blogspot.sg/2014/02/commitment-of-traders-info.html

Eric Sprott: 10 Billion In Precious Metals Assets

When will gold and silver resume a sustained uptrend? 03.January.2014

Gold and silver are like an insurance policy keeping them "safe" against unforeseen events and protecting their wealth during times of distress or distrust in the US dollar (currency debasement). If the market views the US economy is looking healthy and they have confidence in the Fed with no imminent threat of economic and financial calamity, then it will feel less need to own gold and silver. For instance, the data from the Commerce Department showed US 3Q GDP increased to a surprising 4.1%. Until the perception/sentiment changes to that of "needing" to own and gold and silver as insurance to protect their purchasing power because of a loss of CONFIDENCE in the US dollar, gold and silver is going to have a tilt to the downside and struggle.

A hedge against growth with inflation pressures. The Goldman Sachs Commodity Index being sharply lower is not an indication of inflation pressures yet.

Is Asian demand going to be strong enough to absorb Western based selling of the metal?

Commitment of Traders (COT) report- "There can be no capitulation in gold and thus no end to the selling as long as speculators REMAIN AS NET LONGS in the gold market" Trader Dan Norcini

Until there is a change in the factors stated above, looks like we may be able to buy gold and silver at cheaper levels than at the levels we are today because we would expect a continuation of the down trend.