Subscribe to our newsletter at http://www.goldmoney.com/goldresearch. Ross Norman, of Sharps Pixley, and Dominic Frisby, of the GoldMoney Foundation, talk about the price of gold. Renowned gold trader and top gold price forecaster Ross Norman discusses the future outlook for the price of gold. Ross Norman is a multiple winner of the LBMA’s gold price forecasting competition. They talk about physical vs. ETFs and how physical is a good hedge against bank insolvency and counterparty risk. They discuss manipulation and central bank interventions. Ross also talks about the long-term outlook: he expects the price of gold to double in a few years. They also discuss short-term volatility and comparisons with 2008. They also talk about silver. Ross explains that gold is a safe haven, a lifeboat, however a small one compared to the size of the paper market. He mentions that even in London there are only 30 or 40 people that are really players in the gold market. However Internet innovation is opening up the market.