Gold has rallied more than 30 % since November. There is certainly a great deal of fear factor behind the recent price climb. It is interesting to note that gold has actually rallied up alongside the dollar as of late. Usually there is an inverse relationship between gold and the dollar. Gold could very well benefit over the next couple years from the current economic climate.
This is an intersting comment on how the relationship with China and the U.S. could help drive gold to $1,700 in the next two years. In relationship to this video I read an article in reuters the other day about how China's Premier Wen Jiabo blamed the United States for its blind persuit of profit and debt spending for the global financial crisis in his speach at the World Economic Forum on Wednesday. He stated that "Inappropriate macroeconomic policies in some economies and their unsustainable model of development, characterised by prolonged low savings and high consumption" was the top reason for the world crisis. At the same time the new U.S. Secretary just last week also branded China as a currency manipulator for depressing the value of its currency to support its international exports. With the U.S. dependant on China to buy its debt, you have to wonder how much money may very well find itself in gold if this type of dialogue continues between China and the U.S
![[Most Recent Charts from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_4.gif)
