Uncertain Times

My AQP trade was a loss, hit my stop, it closed yesterday at $3.24 almost another 5% below my stop. I can't say I can see any great looking trades out there maybe I am not looking hard enough.
I am holding just LGL again got in at the open on Wednesday at $3.02 closed yesterday at $3.38, held it over the weekend as POG looks like it might be entering a major leg up especially with the Americans announcing they are going to crank up the printing presses to avoid deflation.
This introduction of green backs will obviously be very inflationary in due course and that's the intention of the US Fed, what they may not have counted on is the Chinese dumping their holdings of US dollars, to what volume we don't know. I can't see the Chinese observing their reserves of foreign currency devalue so we could see a drip feed of dollars and the dollar gradually devaluing or we may see a dramatic drop as the Chinese dump. I think the former will be the likely scenario.
The Chinese have already warned the US of their concerns and it seems the US have chosen to ignore those concerns. Whatever happens will see gold spectacularly rise through US$1000 towards US$1200 and quite possibly beyond.
Gold has traditionally been a inflation hedge and the US will be heading towards a inflationary period. The reasons to hold gold are becoming compelling and the gold mining companies will benefit substantially particularly the unhedged producers.
I will continue to trade the gold miners as opportunities occur.
I am now looking forward to a $5.00 LGL.