Central Banks could be trying to create inflation

We are more bullish now of gold than we were previously for the market has begun to move sharply in our favor following the comments from Mr. Draghi two weeks ago and following the Bank of Japan’s actions and comments on Friday.

Capital is beginning to fear what the monetary authorities can do and shall do over the course of the next several months and years as they try to create an inflation. 

GOLD going higher from here

The broad trend has turned clearly for the better in gold; the lows that were seen back in November of last year shall be or certainly should be inviolate.