Indeed, gold seems to be very weak now... it could not reach back to 1,500 $, but now I think it may as well go below 1,400 $ again.
Physical Gold has seen HUGE global buying and shortages are obvious everywhere. I'm waiting about 12 days on my 2nd order for just one common gold bullion coin. And it has not even been sent yet as the company is so overwhelmed and behind with orders. Gold is going from strength to strength, and more manipulation to lower the price will only get the physical buying to gain further momentum. I say Get it while you still can!
We might even see sub-1,200 $ gold. It will be a wonder if it will climb back to 1,400 $, even. Not sure about that sub-1,000 $, but believable as well.
http://www.dailyreckoning.com.au/ce...old-than-ever-shouldnt-you-be-too/2013/03/28/ "Clearly we should take notice. If central banks are preparing for a major change in the value of the dollar, shouldn't we? The fact remains that the US dollar cannot and will not survive the ongoing abuse heaped upon it by government planners and federal officials. That not only means the gold price will rise, but that many, if not most currencies, will lose a significant amount of purchasing power. This has direct implications for all of us. Embrace the messages central bankers are telling us - the ones they tell with their ACTIONS, not their words...."
This graph is quite decieving IMO: It has been increasing by about 1.45% a year according to the chart, but at first look it would appear far more. 1.45% increase YOY is hardly 'Aggressive'. Good article though.
