Talk about low yield bond??? Who is buying there. Remember Greek bonds.

THE GOLD BULL IS ALIVE AND KICKING
“As the gold price rises rapidly, it is likely that an institution which intends to allocate say $1 billion into gold will not get 21 tonnes at $1,500 but instead 2.1 tonnes for its $1B at a price of $15,000. This means that the coming gold demand can only be met at much higher gold prices and smaller quantities.”

THE GOLD BULL IS ALIVE AND KICKING