RE:Opinions on gold pricing Gold concensus is at basement lows. This is the perfect time to be a contrarian IMO. PMs are also priced as though the market is expecting Au to languish sub-$1300 going forward. These are the times we make $$. It will catch a bid, just a matter of when and how much. May - August isn't a particulary good time for Au pricing given seasonality. However, I personally don't want to be on the other side fo the bid when it moves. DOW rolling over may trigger money flows into Au and precious metals.