As China and others buy more gold the price is up 10 % in the last week.

[the other mike]

Gold is now at $1403 an ounce.

China’s continuing push to increase its gold reserves to counter the US dollar has sustained a worldwide gold-buying spree. Last week’s US Federal Reserve Board meeting - an event signaling a likely drop in US interest rates – also contributed to the spike in the price of gold. The US dollar’s status as world reserve currency may be in jeopardy.

 

[Marion Morrison]

They bought MC Hammer's gold toilet.

 

[the other mike]

They bought MC Hammer's gold toilet.

At home, President Xi plays Elvis' gold piano to relax at night sometimes.

 

[the other mike]

Here's the Wall Street spin on it.
Gold Gets A Boost Of Rocket Fuel From Negative Bond Yields

 

[Staidhup]

Maybe they know something most do not.