Private, 1st Class
Thanks much Prof. MortenHi Peter, yes, this is our central scenario. It is dynamic and terms could change, because it mostly depends on the US economy and the speed of negative processes there. But at this moment I do not see yet signs that major reversal starts. The blow of stock market bubble just has started and only first money starts moving to US Treasuries. This process should become faster. Besides, we should get more negative statistics beyond the inflation. Its appearing already, but this is the initial stage of the process. So, the fruit should ripen. So, gold still remains under pressure by far.