Is there really as much physical gold as sold on paper? -more and more countries repatriate their reserves of physical gold
15 Ton Gold Repatriation Hits JP Morgan London Vaults
As more and more countries repatriate their reserves of physical gold held in bullion banks around the world, the supply of physical gold is under increasing pressure, calling into question whether all the gold held in ETFs or pledged as collateral can be redeemed.
To understand why countries are woried about their gols see: http://drkhalid.blogspot.in/2012/11/what-has-caused-non-gold-linked.html
Forecast of Gold for 2013: http://drkhalid.blogspot.in/2013/01/gold-price-forecast-2013-gold-technical_6.html