Well I just don't understand how the price of gold is so depressed...

Usually the price of gold rises as a hedge against inflation and that is not happening..Why..??

The numbers came out this morning and inflation in the US is the worst it has been in 27 years....

The housing market is dead and construction is nil...meaning no construction jobs..no material sales no nuttin'....

Oil is over $110.00 US a barrel..Gasoline is $4.00 US a gallon..

Food prices are rising every week..

The credit markets in the US are in shambles..

Mortages are not available,even to people with money..

US banks are adrift in a sea of red ink..

The Russians are riding roughshod over all their neighbours..

Venezuela just nationalized the cement industry..

War in Iraq is not going much better than it was ..

Afganistan is a mess and more US troops are pouring into Afghanistan..

The Chinese are winning more gold medals than the US...

So what is proping up the US dollar...??

Is the US government secretly selling off their gold reserves to prop up the US dollar coming into elections...??

That is the only fire power the US has at this time to prop the dollar up..

So that can't go on forever..and the the US will be in real trouble with no housing..no grub..no oil..no gold left and no housing..

and no jobs..and ....and....

Have I got this all wrong..??

I sure as hell hope so..but I don't think I am that far off base..

Gold has got to take a giant leap up as a safe haven..

Our time will come..and soon..

Thoughts please..