pen, since i've been in kry i've seen people say "gold is tied to oil", "gold is tied to the dollar", "gold is tied to employment", "gold is tied to GDP/martha stewarts panties"....you name it.....
imo......gold is historically tied to interest rates and a "faith (or lack thereof) in currencies".....
long term, i think we're in for a real shaky (and real unpredictable) global economic future...which should be good for gold...on top of an already limited supply...
i guess what i'm trying to say is that gold imo is tied to fear and uncertainty....and nothing else....except maybe supply....
guys will hammer me for this one...probably the same guys who argued "gold is tied to oil".....but that's the way i see it......