I have no doubt you will have gigabytes of research to support your thesis.
The POG in AUD has increased as the AUD has dropped relative to the USD.
Has the AUD dropped due to all the commotion in Europe and ME? If the POG was affected by Europe and ME, would not have the price risen in USD as well this year.
Yes, I have gold and I expect I will hold it for a long time. Just because I have gold does not mean I have to impart some sort of emotional attachment to the bars.
