Will Price Of Gold Spike Back Up ?

I read this earlier today, here's the link.

http://www.bloomberg.com/news/2014-...imports.html

http://www.mining.com/jeffrey-nicho...paign=digest

here's another interesting write

Personally... I see gold and silver steadily dropping quite a bit more...

And the Swiss referendum was never going to be passed as it was worded...

doesn't gold go down when the US Greenback goes up?

With cheap money (low interest rates) and no end in sight there is NO real reason to hold gold and silver. The US economy continues to improve and it is all about the US dollar at this time. I really believe that silver and gold are headed MUCH lower. Probably back to the levels of before the financial crisis of 2008-09 , $8-9 dollar silver and $750-800 gold.
What the real question here should be is what about the major currencies? The US dollar is on a bull market run right now, and threatens to completely hammer other currencies as it did in the early part of this century. This morning the greenback passed 1.20 Australia, a level that has NOT been seen for years. The "loonie" looks like it won't be too far behind as it too threatens to head MUCH lower than the 1.145 level it is currently at.
I will keep the gold and silver that I have but would not even dream of adding to it at present . I will just keep adding to my US dollar investments, much more predictable for the short term.

Pacific:

Exactly what I'm doing as well...

1) Few purchases on Ag or Au for me.. (there still will be some.. I'm addicted and will always by a little here and there)

2) Shifting a certain percentage of my equities since 2013 into U.S. equities.... there's good growth and I think I'll make out like a bandit on the exchange rate over the long haul... (will all be extra $$ esp. with growth and paying dividends)

3)This is a very tedious one but.. I already enjoy CRH'ing... I always extract the U.S. coins from the boxes and put them away... Now it literally is "nickel and diming" it... In the late 80's and early 90's when our dollar was .60 to that of the USD as a teen I was always happy to save the US coin for road trips and I thought I was making out like a bandit saving 40 cents to the dollar on the exchange rate... On a bigger picture I intend on at some point either opening a U.S. account to take in my U.S. coin, exchange for cash an make purchases taking advantage of the exchange rate ...

Pacificoin nailed it in my view..

I just wish that I was a precious metals trader...they always win...

Everyone had the chance a few years back to unload all of their extra gold and silver.. and make a bundle ...but how many did..?

I bought my first piece of gold when I was pretty young... it was from a bank.. (nova scotia I believe)... soon after some silver... LOVED those pieces...

In 2009 (the crash) I was coaching at a national competition in St. John's when I bumped into one of my old teamates.. he was/is a financial advisor... it was march and there was a LOT of buzz regarding the markets... I asked him what his 5 year outlook was... he told me they were very heavy in gold...

I topped up and then some... since then I have acutally sold... I bought gold all the way up to the 1600 and sold it all at 1450... For silver it was pretty much the same.. I bought all the way up until 35 and sold it all at 32... Upon reflection I'm glad I did...

Only this year have I started buying here and there (just to scratch the itch) but no really big quantities... I took most of the money off the table and have invested it in stained glass.. some wooden antique furniture and one painting...

Even if gold and silver hit their bottoms I'm not sure I would be looking to get in yet.. I would like to hear the words "inflation" kicked around a little...I would like to see interest rates rise.