Talk about people making the circumstances fit their argument . I have very good friends in Tunis and the riots have zero to do with commodity inflation. What a load of complete nonsense.
Tunisian inflation has been relatively benign for a decade
http://www.indexmundi.com/tunisia/inflation_rate_(consumer_prices).html
Tunisian are not rioting over food prices....it amazes me how insular we are in Australia. Arab countries are basically run by the rich and powerful for their own benefit. This over time builds massive resentment in the young men. With nothing to lose and no hope or dreams for the future these young men fall into despair , which in turn morphs into revolt
http://myblogs.informa.com/medpol/2011/01/06/tunisian-riots-signal-depth-of-arab-frustration-at-regime-failings/
Gold is not correlated to inflation or deflation, if it was it would have risen between between 1981-200 when there was heaps of inflation
The money printing theory is in the category of a myth and hypothesis thats taken on a life of its own>
Gold reacts to risk
Gold rose in the 70s on the back of the oil crisis (not inflation)
We are witnessing a rise in risk in the middle east
America's policy of supporting despotic regimes who enrich themselves and impoverish their young men is coming apart .
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