this is from his source in europe, a trader who is rarely wrong. and march isn't so far away.

*The gold market remains very tight and he expects gold to rise to between $1350 and $1450 sometime in March.

*Doesn’t expect any major pullbacks in the near future.

*Says in March, or early spring, the US government will have to make a choice to let the dollar go, or raise interest rates. The raising of US interest rates will throw the US into a depression scenario. So he believes they WILL let the dollar go, in which case it will achieve oblivion status.

*He has another major corporate client. He fully invested the client at $1080 gold.

*He visited with two central banks. Both felt the price of gold would rise 25% next year.