If the stockmarket follows through on its rally as well, then more safehaven trades will come out of gold at the same time - then hopefully we can get the less volatile push upwards based on inflation rather than the emotion.
Exactly! Gold is a hedge against inflation as well so Gold is in a win win situation.
If the economy goes down Gold will go up due to safe haven investing.
If the economy booms then Gold will go up due to inflation.
