the gold market is predicting a most special time..... Bernanke will step forward to claim the throne and his fly will be open and toilet paper will be stuck to his shoe............... coronation complete.................
Did the beginning of that move coincide with bernankes nomination as fed chairmen? Looks like it from that chart.
that was one theory......... I believe investors around the world are tired of being devalued to death...........
Not just investors, the entire population has ungone a standard of living devaluation for the past 30 years, especially in the U.S. Yet, I think by year 2020 this will all change. Societies run in cycles: Growth, Protest, Unraveling and Crisis. We are in the Crisis stage. After this will be growth, peace and prosperity for a generation, before the protestors arise again and renew the spirial downward. "What goes around comes around."
Couldn't this be the unraveling? That is an interesting theory, do you know of any info on the web that talks about these cycles?