worrying demand trends?, page-7

So who cares what the Fed does, isn't the price of gold in Rupees more likely to impact demand?
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http://www.bullion-rates.com/gold/INR/Daily-30-chart.htm
POG in INR has just had a sharp reversal & certainly has a huge effect on how gold & gold stocks are viewed. However I believe 'what the Fed does' is of even bigger consequence.
If you look back to when gold peaked it was when the US debt ceiling conundrum was being debated. What solution was reached? The can got kicked down the road(much like EU solutions).
I find it astonishing how Joe Public continues to believe things can continue to muddle along indefinitely. Something must give. My best guess is the $US is yesterdays hero.No other currency can stand up in its place.
GOLD by default.