gold, page-2805

anyone who wants to tell me gold just broke from 1050 to 1300 because of jewelry buying or even just straight USD weakness driving commodity trader speculaton is going to have a fruitless discussion

Equally fruitless IMO is Gold = currency

With regards to different knowledge, would you like to enlighten us what that knowledge entails. It seems according to opinions posted here we have differing and opposing opinions between The Feds and Chinese CB. Bernanke said when asked Gold is not money but the speculation that Chinese/Russians stocking gold because they want to based their fiat ccy on it.

A couple of key questions that I can curve fit an answer in hindsight that did not make sense at the time. Why did gold collapse post QE2? Why was there a sell off in gold as the Lehman moment hit?

If I recall it was talk of potential hyper inflation that caused the gold to rise exponential post GFC. It seems market crash did not make investor rush into the safety of gold safe haven. Instead they rush into the mighty USD!