If readers refer back to a recent thread, along with a few other posts readers will note that when I talk about the propaganda machine wanting/needing to "control the news" that part of that is to OCCASIONALLY (and quietly) tell the truth.

So I found it interesting to see this short, QUIET note from Deutsche Bank strongly suggesting that IF there is any "U.S. dollar, or U.S. economic" weakness that gold should rally strongly.

What have I been saying on virtually a daily basis here? As soon as the sheep stop believing the LIES about the U.S. economy that gold will bust out of the trading range in which it is trapped.

So now we wee TWO things of note which should interest readers: we see OBVIOUS and GLARING signs of U.S. economic weakness - as ALL the major statistics have been "surprising" and "disappointing" (lol). This includes a very weak job reports for April, right before a very weak GDP report for the entire first quarter of 2012.

Now right after we see that we have one of the bankers own minions echoing my own assessment of the market - and the catalyst which will trigger the next rally...





"Deutsche Bank: Any U.S. Economic, Dollar Weakness Would Revive Gold-Investment Interest"

www.kitco.com/reports/kitcoNewsMarketNuggets20120427.html

Deutsche Bank says private-sector investors have “shunned” gold in recent months but central-bank purchases accelerated. “We would expect the most likely trigger for more private-sector involvement in the gold market would be from a deterioration in the U.S. labor market alongside a weakening in the U.S. dollar,” the bank says in a weekly commodities report. “Certainly the weakness in U.S. oil demand would indicate that strong job creation in the U.S. will remain challenging.” In the meantime, the bank says Comex spculative length is close to a three-year low and inflows into gold exchange-traded funds have stagnated in the last three months. However, March data from the International Monetary Fund earlier this week showed an increase in official-sector gold reserves. “We expect these purchases are well timed given our belief that gold prices will appreciate during the second half of this year,” Deutsche Bank says. “In the meantime we expect the complex will have to contend with another pocket of U.S. dollar strength.”