At some point, the powers that be are going to have to explaine gold's recent runup...
The unusual thing is that gold's "corollary trades"...the dollar and the US bond are not acting "normally" in light of the huge action in gold...
The dollar should be plunging...and the US bond should be dropping like a stone...
So far, none of this has happen... Wassup? Could it be that someone "knows" of a pending "catastrophe"...? Bird Flu...? A Terror Attack...? It's gets more Curiouser and Curiouser everyday...
If the house bubble breaks...gold seems to say THAT will be INFLATIONARY? ...Perhaps because of the needed "bailout" of the mortgage companies? ...or FANNY AND FREDDIE EVEN!
And YES, VIRGINIA, THAT would be inflationary!!!
But why is the dollar and the bond so passive...
Somethings up...and its not just Gold! Stay tuned....