I think your right about currency devaluation SP but I sort of...

I think your right about currency devaluation SP but I sort of figure that gold measured in currencies is just going sideways with a good bounce off support at 850:

and for Fekete admirers (I'm getting there with understanding this guy) and cash in TDs fiddlers I think his latest on how the bond market works is something of a confirmation that interest rates are heading lower and you ain't going to get 8% again for a while anywhere ?:
http://www.24hgold.com/english/printarticle.aspx?pagedest=542895&langue=en&viewarticle=True

so its all good news for cashgoldcashgold!