It's not about gold-bars, but about the dollar. But since I posted the original stuff in this thread, let me also add the comments by Tom Yarnall, about the points made by Mr.Neely of St.Louis Fed: PS: Not that any of this "funnymental" stuff has much relevance when you have non-profit-maximizing official players burning taxpayer's money... I'm just glad that I don't have to trade on larger timeframes and can just trade short-term with no bias (with the exception of hedging dollar exposure).