outlook for inflation in US and gold price

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    outlook for inflation in US and gold price

    a chart for the price of gold in USD
    indicates below that it is still in steady downward trend

    what does this mean ???? - it means that the world is relaxed about inflation
    there is certainly no worries about over inflation in Europe, and in the US core i nflation rate currently sits at 1.7%.....

    so there I should not too worried about any major reversal in the price of gold and, my shorts on the gold stocks....ie the major stimulus for any increase in the gold price (ie inflation) is currently benign..... that doesn't not to be vigilant tough...


 
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