In the United States there have been three recorded deflationary periods and gold increased its purchasing power in each of them, by between 44% (1929-1933) and 100% (1814-1830).

Money laundering, bank break-ups, and corporate dividend cuts. Sorry, we know no one wants to hear it.

After rising to $1,900/oz last fall, the price has hovered at $1,500–1,600/oz much of 2012. What will cause it to take the next leg up?

The U.S. economy is “only treading water,” and the U.S. central bank needs to launch a sizable and open-ended asset-purchase program to spur demand

“In the first half year, China thus imported 382.79 tons of gold from Hong Kong, following a figure of 64.95 tons in the same period last year.”

A greater chance for monetary stimulus from the Federal Reserve should support gold prices, with the yellow metal seen rising to $1,700 an ounce in a month,

his year gold is spoiled for choice for potential catalysts between U.S. QE possibilities, the euro saga, and of course, Iran.

It is gold whose status is being elevated by these bankers again and again – at the same time that the U.S. dollar is being rapidly stripped of its status as “reserve currency”

Expect to see higher prices in 2013 and beyond, especially as the central bankers and regulators voluntarily introduce gold back into the financial system as a risk free, Tier 1 asset class.

Odds are the projection of a 100% price increase in gold by the end of 2013 might be conservative at best.