Despite the unprecedented currency printing and economic turmoil throughout the world, the price of gold is at a 28 month low. The price has plunged from $1883.86/oz in August of 2012 to now at $1384.04. That is an over 26% drop in less than a year. How could that be. There are many reasons. Some feel that there is some serious coordinated price manipulation by central bank, finance ministers, and those that have the power. Because of this manipulation, some feel the price of gold is manipulated. It is confusing people. Will gold go up higher due to increase demand, or will the powers that be manipulate it, confiscate it, supress it, or even steal it? No one knows for sure.
My feel is that with all of this turmoil something will happen. What that something is, no one knows. It brings an uncertainty in the gold market. To the average investor, frankly all of this uncertainty and confusion is not a good thing. I recommend to invest only in what you know. Gold and silver right now are an unknown to most people. When you don't know what is happening, it may be best to wait in the sidelines. Because if you get into this game and you don't know what is going on, you could set yourself up for failure.