"IMHO I'm worried that this POG spike is built on currency issues (YEN and US Dollar) and not on gold issues (as yet anyway)...."
I'm with you on this...we've seen gold surge on a plunging USD...but it (dollar) plunged further overnight, its sixth successive daily fall, yet gold gave away most of its gains , after touching 1,303. Still, it ended up fractionally, yet the the major US and Canadian gold indices and ETFs all fell.
