Singapore Precious Metals Exchange CEO Victor Foo discusses the exchange's services and outlook for gold prices with Rishaad Salamat on Bloomberg Television's "On The Move Asia."

"No One Understands Gold Prices..." Ben Bernanke

Is the bull market over?

If you agree with legendary investor, Jim Rogers and you are convinced that the long term picture for gold and silver are favorable (ie the bull market has several more years to run), then you may witness an incredible buying opportunity in the weeks or months to come. However, it takes tremendous amount of courage and conviction to go against the herd, but experienced investors will tell you that this is where the real money is made.

Gold below cost of production

Will mining costs create a floor for gold prices? This is a popular argument that gold bugs (bulls) cling to, with the idea that if gold continues to be below the cost of mining, then miners will stop mining and tighten the supply forcing gold prices up.

Here is what, Jim Rogers (Chairman of Rogers Holdings) has to say regarding this during his interview with Business Insider:

"I've been in the investment world a long time and I know that things can stay below the cost of production for years. It takes a long time for people to believe they have to close their mines. It cost money to close a mine, it costs money to re-open a mine, so people are reluctant to close mines. So you can see any commodity staying below the cost of production for a while, especially if it's something like a mine which is expensive to close, and expensive to open."

ORIGINAL SOURCE

Gold And Silver – It Is Silver Sending A Message. [Edgetraderplus]

Gold And Silver – It Is Silver Sending A Message.

Gold: cyclical decline in a secular bull market. Rick Rule

Jim Rickards on CNBC. Have 10-20% of gold in your portfolio!

Jim Rickards is an American lawyer, economist, and investment banker with 35 years of experience working in capital markets on Wall Street. (Wikipedia)

Silver Will Outperform: Expert [SUN 30 JUN 13 | 10:50 PM ET]--Jordan Eliseo, chief economist ABC Bullion

WOW! lots of respect for this guy--David Mcalvany (Mcalvany Financial Group CEO) discusses gold on CNBC

Gold oversold? Ready for a rebound? You decide

Investors dumping Gold, Where's the Bottom?
According to technician Carley Garner of DeCarley Trading, right now the large speculators are holding their smallest net long position in gold futures since 2009.

HSBC: Positioned for a modest rebound in gold

"Record Chinese imports of gold, continued strong interest in gold in India, central bank buying, and muted new supply all support our thesis that the current gold price weakness will not last."
Patrick Chidley, CFA, senior vice president of global metals and mining research at HSBC Securities USA
Source: Bloomberg June 27, 2013

Fed's Dudley: QE Could Increase If Labor Market Doesn't Improve [Reuters, Published: Thursday, 27 Jun 2013 | 10:12 AM ET]

"if labor market conditions and the economy's growth momentum were to be less favorable than in the FOMC's outlook - and this is what has happened in recent years - I would expect that the asset purchases would continue at a high pace for longer." William Dudley (head of the New York Fed)

Source: http://www.cnbc.com/id/100830969

Goldman Sachs: Gold Near Bottom [WED 26 JUN 13 | 04:15 PM ET CNBC]

Why You Should Still Own Gold: Joseph Foster [On CNBC Thursday, 27 June 2013 5:08 AM ET ]

Case For Silver Simple: Industry Insider [Jun 25, 2013 Kitco News]

http://www.kitco.com/news/video/show/IPMI-2013/345/2013-06-25/Case-For-Silver-Simple-Industry-Insider

Kitco News talks with Michael DiRienzo of The Silver Institute at the IPMI Conference in Phoenix. Watch now to see what he has to say about silver. Kitco News, June 25, 2013

Silver weekly chart- technical analysis 24.June.2013

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.