Gold's been a bit choppy in the last couple of weeks and...

Gold's been a bit choppy in the last couple of weeks and everything still seems on a knifes edge (in terms of global stock and bond markets).

Some of the gold ratios I keep an eye on have been trending against gold of late. So I'm finding it hard to be "super bullish" lately, but I still think gold has is looking good longer term at this stage.

However I thin you're a brave man calling the next major move in gold (though I hope you're right).

I'll be happy if gold just stays above $1200. The longer gold prices are north of $1200 the more confidence in gold being a store of wealth will be restored .