Hi Biggles and all,
I thought you may wish to see the thoughts on Gold demand for 2013
http://www.gold.org/video/play/gold_demand_trends_q4_2012/
Also take a look at the Gold price in Japanese Yen. Now that Uncle Abe has been given the OK from the Russian talk fest over the weekend to print all the Yen he feels necessary I wonder if he will wait until 2014 to commence his race to the bottom.
Personally I thought the Japanese people paid a fairly high price just to get Uncle Abe on George Soros’s Christmas card list. I’m not sure if their stock market gains are greater than their purchasing power losses at this point but do know how my own purchasing power is being protected.
http://ycharts.com/indicators/gold_price_in_yen
Cheers and very best regards: Andy
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