its bernake speech about continue QE...which sends not much confidence about the US recovery.
Also the Japan bond rates are up nearly 50%+ in six days.
Many predicting the beginning of the end for japan...especially when this debt ridden country exports are cheap due to higher yen creates cheaper exports but the imports are way more expensive creating massive trade deficits...that is the other reason for gold going back up...fear also of a Japan default of their debt.
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