just punched through 990, page-18

>>>Ascending triangle + logic suggests that gold will eventually break and hold $1000. Just not sure that it is right now. Global inflation is below govt target rates. OK so the US fed wants to print money to induce inflation to artificially reduce their debt, but they won't allow it to get out of hand, as serious inflation is a far bigger threat than too much US debt. Weak $US is a pain, but can be overcome<<<

CJN's, Gold is NOT rising due to inflation or the perception of inflation. Gold is rising due to a "loss of confidence" in both the USD and the financial system as a whole.
Gold is behaving as a CURRENCY, not an inflation hedge and the sooner you realise that then the sooner you will understand WHY it is going to hurtle upwards and out of control.
Are you really so sure the US Government are in control of the USD, to the degree, that you would gladly invest in it?

Because I sure as hell ain't!