Why I think gold prices are going to keep rising

With the West's stimulus money running out and no recovery in site, people are talking about another stimulus to avoid a double dip. Most of the stimulus money went to BRIC markets, which has resulted in unprecedented returns in these markets. The Bombay Stock Exchange moved from 6500 to 19000 points in one year.

If a second stimulus occurs, the money will most likely come from banks who will sell these markets, but enough money left for them to buy gold as well. At this point everybody will be receiving paper money in high inflation environment and banks will be selling gold to countries, because governments around the world would realize their US dollar reserves is giving negative returns.

And God forbid if US is to default...