The short answer to the title above auestion is yes, definitely. The only question in our minds is one of timing. We lean towards seeing at least a small recovery this year – perhaps back to $1,300 or higher as a few major bank analysts have been suggesting - and it is perhaps significant that the biggest investment bank of all, JP Morgan, appears to have gone long gold after being for quite a time the biggest gold short – or so we are led to believe. And JP Morgan is not renowned for making bad calls on the market! As to gold reaching $5,000 or higher, that is probably likely too, but when it will achieve this is ... (full story)