After a hiatus that lasted several months, gold bugs are waking up from their hibernation. And now they are calling for the elusive USD2,000 for the precious metal within a year. But that’s about as far as it is going to get. READ MORE HERE

Central banks’ have been major buyers of gold over the past few years, especially after the U.S. dollar and euro wobbled. Here is a list of the countries with the biggest official gold reserves. READ MORE HERE

Warren Buffett, the Oracle of Omaha, sets out his theory on gold and explains why he is not enamoured by its charms. And why there is no treasure to be found in Treasuries. READ MORE HERE

Gold haters are predicting the end of the gold rally. But pro-gold analysts say central bank bullying, inflation and negative interest rates will continue to propel the yellow metal forward.  READ MORE HERE

The strength of gold is rising in 2012. With sites like the U.S. Money Reserve, purchasing gold bullion coins and bars is becoming ever more popular for investors to add to their portfolio.

For the week, spot gold closed at $1,788.68, up $34.03 per ounce, or 1.94 percent. Gold stocks, as measured by the NYSE Arca Golds BUGS Index, rose 1.57 percent. The U.S. Trade-Weighted Dollar Index was essentially flat, with a slide of just 0.02 percent for the week, says Frank Holmes, CEO and Chief Investment Officer, U.S. Global Investor
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U.S. Global Investors examine the strength, weaknesses, opportunities and threats for the yellow metal:
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Gold walked up the stairs and came down the elevator. And as chatter of a global recession rises, the ‘safe haven’ may not be the place to be parking your funds, says BarCap.

How the mighty have fallen. From calls of $2,000 to $2,500 before the end of the year, gold pundits are scrambling to scale back their forecast for the yellow metal as talks of recession become more widespread. READ MORE HERE
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Gold walked up the stairs and came down the elevator. And as chatter of a global recession rises, the ‘safe haven’ may not be the place to be parking your funds, says BarCap.

How the mighty have fallen. From calls of $2,000 to $2,500 before the end of the year, gold pundits are scrambling to scale back their forecast for the yellow metal as talks of recession become more widespread. READ MORE HERE

What’s in store for oil and gold — the ying and yang of the global economy? At least one analyst thinks gold is a bubble poised to burst.

In the space of a short few weeks, the world looks less sure of its self. Aggressive forecasts are being toned down, massive plans are being scaled back, growth figures are being revised downwards, and bulls have turned slightly bearish. READ MORE HERE

Gold may have risen 521% since 2001,  but Deutsche Bank thinks gold prices will need to rise a good $550 more before it will be considered a bubble.

“In our view, the prospect of powerful rally in gold reflects ongoing stress in the financial system and the maintenance of super low interest rates. The popularity of physically backed gold ETFs have also changed  the relationship of the gold price to the US dollar such that gold can now rally in both rising and falling US dollar environments,” says  Deutsche Bank.

The bank has a target price of $2,000 for a Troy ounce of gold, before it expects the market would be ‘considered a bubble’.

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