tinecu

http://www.google.com/trends?q=oil%2C+mort...=all&sort=0 google trends doesn't suggest 'gold mania' is with us yet.

Indeed, the PoG is probably waiting for something more overtly inflationary.

Perhaps a few days consolidation and then a further breakout north....in what is becoming a familiar pattern.

It certainly was a carry trade currency when US IRs were 1% and it may be becoming so again. Quite frankly, the fact that Japan has had IRs so low for so long 'does my head in'....

Sorry to bump my own thread, but what are your thoughts on the Yen and the Carry trade with respect to the PoG?

But seriously....the chart to watch is possibly Gold/JPY...if gold starts to founder against the No1 world creditor's currency then gold will loose its lustre and global deflation will occur. Since Aug07 the Yen has not been repatriated to the extent one might have thought. Instead this hot money has moved into commodities where it is yielding well....so far.

Thanks and this is worth a look.... http://www.ft.com/cms/bfba2c48-5588-11dc-b...00779fd2ac.html

Sounds like we need a Goldfinger POG/US house prices graph to assess this better....

Sounds like you've really been through it Buy physical and relax more.

Yep. Like trying to pacify a hornets nest by hitting it with a stick!

Hi GF et al, Great to have caught up with you lot. I think we'll have more fun here! Quite a smackdown.... Cheers Tinecu