Quite similar to the earlier posting article on miners, there's a lot of BS being written about gold demand as well. Two weeks ago, I saw reports coming from India that gold prices were too high for demand to keep up with last year's levels. Then, last week, I saw reports of supply shortages in India. Suddenly, gold was very difficult to get in India. And now, it's all bearish again? Better not read these press releases anymore, for it's investors, speculators and central banks directing the gold price, not Indian demand for jewellery.