QE-Infinity to Push Gold Up to $2,400 - Francisco Blanch

“The new target reflects our view that the Fed will maintain mortgage purchases until the end of 2014 and will move to buy Treasuries following the end of Operation Twist this coming December,”
“Given the new open-ended nature of QE3, the upward pressure on gold prices should continue until employment is strong enough to require a change in policy," "In our view, this is unlikely to happen until the end of 2014.” “The combination of open-ended MBS purchases and the possibility of additional Treasury bond purchases starting in December could further lift gold prices by adding over $2 trillion to the Fed’s balance sheet over the next two years,” wrote Francisco Blanch in his report entitled “Gold Under QE-Infiniti.” - via CNBC

Jim Rogers: The Gold Price is going to go much Higher over the next decade

Jim Rogers :

I own precious metals because i expect more money printing… i own gold, i am not selling gold, whenever gold goes down i buy more, if it goes down a lot i hope i’m smart enough to buy a lot more because the price is going to go much higher over the next decade.
Politicians around the world are printing a lot of money that’s the wrong thing to do, but that’s what they’re doing and whenever they print money the way to protect yourself is own gold, silver, platinum, palladium, any precious item will protect you in time like that.

- in CNBC

September is the Best month for Gold regardless of QE3

September is the Best month for Gold regardless of QE3 says economist Félix Moreno de la Cova , He states that after a year of consolidation the stage is now set for much higher prices.While it is hard for a value investor to assess gold (because it has no income stream), the very solid historical connection between negative real interest rates and rising gold prices gives us comfort in buying gold. It will be very interesting to see what happens when interest rates start to rise. They also talk about the relationship between the gold price and debt levels.