Strategist on gold: "This is not financial armageddon."

Market Trends - The movement in gold is seen as diversification away from central bank holdings predominantly in US dollar assets [1][2] - This diversification is not indicative of the end of US assets or a financial Armageddon [1][2] Economic Indicators - Interest rates on the 10-year rate have decreased this year [2] - Inflation break-evens are not rising, indicating stable inflation expectations [2]