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Dylan Grice, an analyst with Societe Generale calculates a price target for Gold based on the monetary base and US reserve gold holdings

Jim Rogers is interviewed by theStreet.com.

Click Here for a chronological order of the most recent Gold related videos. Click Here for a chronological order of the most recent US$ videos.

I have just completed a major overhaul of my chart set which correlates with my coverage of the Australian gold sector. It is news analysis time as I have been updating news from the end of the October releases of the September quarterly reports.

Jack Chan’s weekly update

Marc Faber, a few days ago said Gold would drop to $800 or hold above $1000. Now he believes $1,000 is a historic floor.

Gold’s getting ready to have a short-term correction if it didn’t start today. Trying to game short-term corrections in a raging bull market is a fool’s game and there’s no reason to do it.

Global gold production is in terminal decline despite record prices and Herculean efforts by mining companies to discover fresh sources of ore in remote spots, according to the world’s top producer Barrick Gold.

So far this week has been slow in regards to commodity etf funds. Gold continues to shine while silver refuses to make a move higher.

The report is here at CNBC, c/o of Reuters.

Chris Puplava over at FinancialSense takes a lengthy look at the aforementioned question.

Gold has just breached US$1100 after a strong move following the purchase of 200 tonnes of gold bullion by the Reserve Bank of India from the International Monetary Fund. This overhang had been troubling “ye of little faith” observers of gold. The same day the Reserve Bank of Australia raised rates…