Gold Price Quantitative easing is back with the 500 billion Euro stabalization fund, with the Chinese increasing their M2 money supply way beyond the 2008 increase they did, with the U.S. Fed extending the freeze on interest rate hikes into 2014, with Obama now attempting to allow under water home owners refinance, with Greece getting a write down or simply leaving the Euro.
Gold demand continues to climb and supply is constrained.
We can expect gold to continue its appreciation.
https://www.24hgold.com/english/news-gold-silver-Chinese-%20-Indian-Gold-Demand-Rising-as-Zero-Rates-%20Distort%20-Investment-Markets%20.aspx?langue=en&article=3796476454G10020
https://minerals.usgs.gov/ds/2005/140/ds140-gold.pdf