Gold is now hitting new highs and is making a comeback in international reserves. Interesting set of figures on the growing importance of gold and the slow decline of the US dollar and other fiat currencies:
Read the bear case
Bank of America prediction:
Besides gold I’ve got a pile of silver and I’m waiting for it to rise.
My long time friend Steve Cochran writes for Gainesville Coins.
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Pst. Don’t look now but gold has now broken below $2600. Lowest price since September and $200 lower from the recent high.
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It’s merely stunned.
Heading to $2,500 rather quickly 
It’s up more than 25% over the last year. Kind of like the stock market. Very respectable, and way more than just keeping up with inflation.