Interesting recent interview (sometime in March 2013?) with cycles analyst from Charles Nenner research - gold may bottom in April or May. No figure given for what the POG could be at the bottom. They have a price target of USD2200 in the next 12-18 months.
According to them the DOW will fall to 5000 by 2020 while interest rates will rise for the next 20 years, but the rise will start just yet.
Nenner has been right about the POG over the last 18 months, so let hope he has call for a bottom is also right.
Personally, I have no idea where the POG is going to bottom. I thought it would trade in a range of $1400-1800 for most of 2013, and head up in the second half of 2013 if inflation expectations rise in the US.
