Again, Gold is not going up, it is a Constant Store of value, all that changes are reflecting is the need for more Paper to buy that Constant.
In the Bundesbank era, at one point a stack of bills an inch high would buy a loaf of bread, then it became a wheelbarrow full of bills to buy that loaf.
Bread wasn't going up, Fiat was becoming worthless.
The Asians do not trust fiat Money, they have been through the periods of Hyper Inflation, they want their money in real things.
Most cities and small towns have a Chinese restaurant, no matter how small, there is always a Chinese restaurant.
The death of the restaurant owner invariably reveals a small fortune, held mainly in the Town's real estate.
The real concern is what will initiate the panic, how will the issue be handled, but I have no doubt we are in the early stages.
Bernacke has yet to prove himself, there could be a change in Government, massive changes are more easliy put in place when you can blame the other guys for creating the problem.