There are so many inflation related news stories, such as India freezing trading in their commod markets for soy oil, potato, chick pea, rubber, they already had frozen wheat and rice last year - India inflation at 7.5%
EU still on inflation watch
A non voting member of the Kansas City Fed stated inflation is a real problem, that the Fed might have to take back some interest rate cuts (at some later point)
Oil shows little tendency to slow its rise and into summer may go a lot higher... etc
The USD rise might stall here and gold can/may resume its rise now due largely to the inflation story.
