Even with no QE, gold has behaved well the last 4 weeks.
Can this be the onset of the move. Alf Field thought so
He forecasts $4,500 in a violent move.
Meanwhile Paulson puts in 44% of firm's assets into Gold...nothing to see here
http://www.bloomberg.com/news/2012-08-15/paulson-steps-up-gold-bet-to-44-of-firm-s-equity-assets.html
Interesting take by James Rickards on the next QE steps and why...maybe gold is sniffing this out
http://www.usnews.com/opinion/blogs/economic-intelligence/2012/08/20/how-china-is-driving-federal-reserve-policy
USD has been weak the last week - now under 82 on the USD Index
The Gold stocks have had a good bounce - gold closer to $1,700 might set them on fire...watch
