tippsy tuesday, page-87

Good post Caylus, I agree gold is not being conspired to one iota.
If the Fed keeps printing paper in order to purchase its own debt, this will keep a floor on gold prices.
If China no longer sees the USD as the world's reserve currency and will seek to diversify its asset allocations, this will keep a floor on gold prices.

But.

If treasury yields start to rally & the Fed is pressured to raise interest rates. This will put a floor on the USD as the yield improves.

All in all, gold is no conspiracy. If I had a bar of gold I'd have to find an Indian to sell it too.

I have moved my eyes from USD index to the 10 year treasury yields for a leading indicator. I am witnessing in majority of corporate portfolios there is nothing more than asset re-allocation(s) taking place if inflation begins to really roar.