Levin, the chairman of the Senate’s Permanent Subcommittee on Investigations

Wall Street banks with near-zero borrowing costs, thanks to easy access to Fed-provided capital have used that advantage to elbow their way into commodities markets.

During periods of sustained economic stability and growth, the price of platinum tends to be as much as twice the price of gold, whereas during periods of economic uncertainty, the price of platinum tends to decrease due to reduced industrial demand, falling below the price of gold. Gold prices are more stable in slow economic times, as gold is considered a safe haven and gold demand is not driven by industrial uses.

Alan Greenspan

http://www.kitco.com/ind/GoldReport/2014-11-05-Gold-Economic-Theory-and-Reality-A-Conversation-with-Alan-Greenspan.html

Sprout

Gold is listed 5 times higher than a decade ago, but the share prices of gold miners are at historical lows. It is natural that gold miners take a drop in the gold price into account, but at the current levels they are taking into account a gold price of 600 USD or lower.
Let us be clear: at that level there would be no more gold mining sector.