Has MOY peaked at 15c ??, page-20

This bullish movement in the gold price is primarily due to the tensions of miliatirisation of China increasing their defence budget by 20% and also as the chinese and the issues in the south east seas could lead to destabilisation and race to arms by the asian nations to counter the chinese escalating and the US trying to protect their interests.

Is this a short term trend? I dont think so. Its like the beginning of the asian cold war as asian nations are racing to arm themselves. This is not going away any time shortly which adds fundamentals to golds mid and long term outlook.

Its interesting times we live in.