Gold continues it long climb upward as India and China have doubled their purchases from last year

Gold and Silver Imports in India Surge 222% Amid Worry Over Currency Devaluation

Many central banks also are increasing acquisitions.  This is in response to the DECLINE IN PURCHASING POWER of NATIONAL CURRENCIES

http://seekingalpha.com/article/276085-gold-and-silver-imports-in-india-surge-222-amid-worry-over-currency-devaluation