1. U.S. GDP down for first time in over 3 years..and the Federal reserve will continue its "accommodative stance " (and therefore for Gold )
2. China's economy on the rise again after a hiccup last year, and they are gold starved GNP -wise
3. Europe has stopped drowning in red for the most part
4. So many investors are ultra conservative these days, stuck in cash, T. Bill and G.I.C mode ...and when they start buying gold stocks again....
so there are 4 concrete reasons why it looks like we are on the cusp of $1900 and up
You can bet Bill C. et al will wait as LONG as possible now to do a PP, like in May or even June again
and drilling before mid June is highly improbable given the brutal conditions there