support for 21.50, page-98

the trend appears upwards with Gold.

the only way the US, Japan and Europe can pay these corporate bonds is by devaluing against inflation.

Europe stabilized but appears to be showing destabilization due to the Italian election which can be a catalyst for gold prices to increase. Austerity measures appear unfavorable and QE monetary policies will be continued and the QE will be used to purchase more government bonds. What the outcome will be, we will have to wait and see.

Possible inflation crisis looming hence the gold price increase. If gold prices can hit $1,700 without the crisis arriving yet. Imagine what prices gold could reach...maybe $2,500+ or $3,000+ (it might sound absurd now but the possible reality down the track later)