Parallels to the 1970s Suggest Parabolic Move in Gold Ahead

Great work by C. Puplava with many fantastic charts (some showing eerie similarities between now and the stagflationary 70s) -- ``The present slide in the USD is likely to lead to a continued rise in real interest rates which will only be bullish for gold ahead. So far the Real Broad Trade Weighted USD Index sits at all-time record lows with gold at all-time record highs. Until Ben Bernanke restores the Fed's credibility in terms of fighting inflation, and until the US Government gets serious about its long-term fiscal position, we are likely to see further records set in the USD and gold, in opposite directions.''